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Bluebird Merchant Ventures' Bishop maps out path to production from Korea mines

Bluebird Merchant Ventures PLC's (LON:BMV) Aidan Bishop updates Proactive London on its application to re-open the Gubong mine in Korea.

Bishop says Gubong was previously mined to a depth of 500 metres but typically mines of its type go down as far 1.5km.

BMV has also now submitted its application to re-open Kochang and expects a drilling grant from state-owned mining company Kores this month.

The group expects to be in production at both mines in South Korea by the end of 2019.

 

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