Prodigy Gold

Expert Analysis

Tara Hassan, National Bank Financial (12/21/11) "Prodigy Gold Inc. announced the results from its updated preliminary economic assessment for its Magino project (Wawa, Ontario). As expected, the project's annual production rate grew substantially on the back of consideration of increased daily throughput of 20 Ktpd (up from 15 Ktpd previously). . .on the back of the increased throughput, average annual production has increased to 250 Koz/year from 166 Koz/year previously. . .and as a result of the updated resources, the Magino project now recovers 2.6 Moz Au over its mine life (now 11 years, up from 9 years)."

http://www.theaureport.com/pub/co/3542