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FCI 0.380 +0.0% GGAU 0.190 +0.0% KIRO 0.640 +0.0% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.09 −4.4% NOBL 0.100 +0.0% SHL 0.360 +1.4% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.46 +0.2% CAM 0.330 −1.5% SYH 0.400 −1.2% LOT 0.035 −12.5% CPL 0.180 −5.3% OTMC 0.400 +0.0% FCI 0.380 +0.0% GGAU 0.190 +0.0% KIRO 0.640 +0.0% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.09 −4.4% NOBL 0.100 +0.0% SHL 0.360 +1.4% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.46 +0.2% CAM 0.330 −1.5% SYH 0.400 −1.2% LOT 0.035 −12.5% CPL 0.180 −5.3% OTMC 0.400 +0.0%
Financings

VIDEO - Market One Minute: Pasofino Gold Advances Liberia's Largest Undeveloped Gold Project Amid Record Prices

By The Northwire Desk — AI Analysis Nov 24, 2025 · 15:53 VEIN · 0.61 Pasofino Gold Limited
VEIN · Price

Executive Summary

  • Pasofino Gold’s CEO Brett Richards highlighted the 100%-owned Dugbe Gold Project in Liberia, noting an updated feasibility study and a recent C$12 million financing that together signal renewed development momentum.
  • The project contains an estimated 3.9 million ounces of gold resources and benefits from strong local government support and Liberia’s relative political stability.
  • Richards positioned the venture within the context of a global gold bull market, suggesting significant upside potential for shareholders.

Key Details

  • Project Overview: Dugbe Gold Project is wholly owned (pre‑government carried interest) by Pasofino Gold Limited in Liberia.
  • Resource Estimate: Approximately 3.9 million ounces of gold indicated in the updated feasibility study.
  • Financing: Completed a C$12 million financing round to fund further development activities; terms not disclosed beyond total amount.
  • Feasibility Study: Updated study completed, reinforcing project economics and supporting continued investment.
  • Strategic Context: CEO emphasized Liberia’s stable jurisdictional environment and the favorable backdrop of a strong global gold price rally.
  • Management Commentary: Brett Richards (CEO & Executive Director) expressed confidence that the financing and feasibility results will accelerate project execution and deliver value to shareholders.

Notable Quotes

“With 3.9 million ounces of gold and strong local support, Liberia remains one of Africa’s most stable jurisdictions amid a powerful global gold bull run.” – Brett Richards, CEO & Executive Director, Pasofino Gold Limited

Read the original news release →

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