Cluff Gold raises mine estimates

AIM-listed miner Cluff Gold said yesterday its project in Sierra Leone contains significantly more gold than previously forecast. The firm said the indicated resources at the Baomahun project now stood at 2.1m ounces – a rise of 46 per cent on last year’s estimates. Chief executive Peter Spivey said there was still scope to further expand the resource base at Baomahun and that feasibility studies are continuing.