For Touquoy as per ATV ASX announcement dated 5/7/10:
The capital cost estimate for the project, managed by Merit Engineers Pty Ltd, and prepared by AMDAD, Atlantic Gold, Ausenco Limited and Gemell Mining Engineers, is A$136 million and the accuracy of the estimate is �15%.
Installation of used plant remains a viable and realistic option to substantially lower the capital costs and expedite project implementation. This option is being actively pursued.
Further details can be found at ATV website: http://www.atlanticgold.com.au/index.htm
ATV Price at posting:
5.7¢ Sentiment: Buy Disclosure: Held
