03:36 PM EST - Keegan Resources Inc. : announced the results of its Pre-Feasibility Study for its Esaase Gold Project located near Kumasi, in southwestern Ghana, West Africa. Highlights of the PFS are as follows: 2.6 million ounces of gold produced over a 10.2-year mine life. Plant capacity is 7.5 million tonnes per annum, with capacity to treat 9.0 million tonnes per year in early years of production when processing 100% oxide ore. Lastly, 330,000 oz gold could be produced in Year One, with a Life Of Mine (LOM) average of 258,000 oz/yr. Keegan Resources Inc.
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