12:10 PM EST - Algold Resources Ltd. : Announced that it has filed a technical report entitled Technical Report for the Preliminary Economic Assessment of the Tijirit Project in Mauritania dated July 4. Project net present value of $94.9 million at an 8% discount rate with an internal rate of return of 28.4% and Corporate after-tax NPV of $69.0M at an 8% discount rate with an IRR of 23.5%, using a gold price of $1,250 per ounce. Total revenue derived from the sale of the gold for the life of mine was estimated at $717.4 million. Algold Resources Ltd.
shares V.ALG are trading unchanged at $0.10.
