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This post was originally published on this site.Minnova (TSXV: MCI; US-OTC: AGRDF) outlined a C$76.2-million ($53.4-million) plan to bring Manitoba’s PL gold mine back into production in 2028, using existing infrastructure to limit upfront spending. The operation near Sherridon, roughly 630 km northwest of Winnipeg, would average 62,200 oz. annually over 10 years, according to a preliminary economic assessment (PEA) released Wednesday. “This PEA confirms what we have believed about the PL gold mine: a high-grade open pit start, an existing mill and infrastructure and a modest capital requirement combine to deliver a short payback and strong returns,” President and...

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