Sihayo Gold Secures Approval To Extend Sihayo Pungkut Feasibility Study

News: ASX-listed Sihayo Gold has secured a permit to extend the period of feasibility study for its Sihayo Pungkut gold project in North Sumatra, Indonesia. The study has been extended to October 6 2014. Sihayo Gold owns a 75% stake in the project. Sihayo Pungkut has an estimated 1.4mn oz of gold resource with 428,000oz expected to be recovered from a proposed open pit mining.

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Related sectors of this article: Mining, Gold - Mining
Geography: Indonesia
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