Early results bode well for Signature

INVESTORS have smiled on Signature Metals today with it shares up 15% after results from an internal scoping study indicated production at the Konongo gold play in Ghana can be lifted to 60,000 ounces for a modest capital cost of $US3-4 million ($A3.3-4.3 million).

Early results bode well for Signature Early results bode well for Signature Early results bode well for Signature Early results bode well for Signature Early results bode well for Signature

Plant throughout would be nearly doubled to 700,000 tonnes per annum from 350,000tpa and is expected to result in up to a 15% reduction in operating costs, based on average head grades of 2-3 grams