It's hard to find a flaw in Kaminak Gold's (TSXV: KAM; US-OTC: KMKGF) Coffee gold project, 130 km south of Dawson City in the Yukon. The economics of a proposed heap-leach operation have held up through falling gold prices, and now the company has proven up its geological and metallurgical assumptions with a new feasibility study that crystallizes development plans at the site. Kaminak enjoys the twin benefits of good grades and recover-ability, with 82% of Coffee's life-of-mine material falling under the oxide classification and sitting near surface.
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