With production at Crusader Resources Ltd's Posse iron ore project not scheduled to start until the year-end, executive director Paul Stephen said its Borborema gold project will not succumb to such extensive delays.The mothballed Posse asset in Minas Ger-ais, Brazil, was due to come online more than two years ago but issues formalising the environmental permits and changes in government have snagged the production timeline.Though Posse was primarily purchased to generate early cash flow and assist in the development of the Borborema project, also in Brazil, Stephen said the team remained confident that Posse would be switched on by the end of the year and enable the team to generate crucial cash at a time when finances are strained.Borborema is the creme de la creme for Crusader and once in production will sit fifth from the top of the largest gold producers in Brazil.
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