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Gold junior will release PEA this fall

Coventry Resources expects to finalize a preliminary economic assessment (PEA) for its Cameron Gold Project by the end of October.

Coventry Resources expects to finalize a preliminary economic assessment (PEA) for its Cameron Gold Project by the end of October.

The Australian junior miner also announced that Steven Chadwick has been engaged as a senior consultant to review and manage the PEA's completion.

Chadwick has 35 years in technical, operating and management roles in gold and base metals mining and processing.

After a review of the initial PEA report, Coventry said Lycopodium Ltd., an engineering and project management firm, will manage and finalize the study.

The Cameron Gold Project, located in the Rainy River district, is 80 km southeast of Kenora with an indicated and inferred mineral resource estimate of 19.4 tonnes at 2.24 grams per tonne for 1,397,200 ounces of gold.