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Etruscan on Schedule to Commence Production in West Africa
Submitted by Mike Niehuser on Wed, 02/28/2007 - 10:26
Etruscan Resources Inc. (TSX: EET) provided a construction update for its Youga project in Burkina Faso. Commissioning of the mine is scheduled for June of 2007. With its price protection program in place they anticipate free cash flow after debt service to the company of US$15 million for the first four years increasing to US$25 million thereafter for a period limited by expansion of resources.
Report File:
