Oxiana estimates 2.4Moz gold resource for Sepon

OXIANA Resources told shareholders at its annual general meeting in Melbourne today it has estimated a 2.4 million ounce high-recovery oxide and partial oxide gold resource at its Sepon copper-gold project in Laos.

"The results to date are excellent and bode well for an economically robust gold project with strong early cash flows," chairman Paul Espie told shareholders.