Operating the Otso gold mine in Finland, Otso Gold announced a return to production and the pour of first gold. Currently operating at a processing capacity of approx. 4000 tons of ore a day, the company aims to ramp up to approx. 6000 tons. In addition, the miner published results of a recently conducted feasibility study, outlining proven and probable ore reserves of 365400 oz Au, amounting to a minimum five-year life of mine.
Mineral Reserve estimate for the Otso Gold Mine (Source: www.otsogold.com)