Australia

Bardoc Gold non-executive director Neil Biddle shows faith in company with purchase of shares

Bardoc Gold Ltd (ASX:BDC) non-executive director Neil Biddle has shown faith in the company through the purchase of shares in an on-market transaction.

Biddles holder Hatched Creek Pty Ltd acquired 504,145 shares worth $24,198.96 and holder Biddle Partners Pty Ltd acquired 344,156 shares for a total value of $16,519.49.

The total number of securities held after the change is now 32.05 million shares.

Positive Bardoc Gold Project PFS results

Bardoc recently received positive pre-feasibility study (PFS) results supporting a gold mining operation at the Bardoc Gold Project in Western Australia.

The PFS returned a forecast average production of 135,000 ounces per annum at an AISC of $1,220 per ounces over an initial 8-year mine life.

Using today's spot gold price of A$2,530 per ounce, an 8-yearRead More – Source