The Assay TV met with Brett Richards, CEO and Executive Director of Pasofino Gold (TSXV: VEIN). In the interview, Brett outlines the Company’s strong progress at its Dugbe Gold Project in Liberia, a fully owned, near-tier-1 asset with close to 4Moz of resources and a 2022 feasibility study showing robust economics.
Over the past year, the Company has raised approximately C$22 million and has been using the funds to update that study, including 10,000 metres of drilling and extensive metallurgical work aimed at improving recoveries and optimising Capex and Opex amid a significantly stronger gold price environment. Richards highlights the scale of the 1,400 km² land package, the potential for satellite deposits, and plans to advance permitting, finalise the ESIA, release drill and metallurgical results, and submit an application for a Class A mining licence in 2025.
Looking ahead to early 2026, Pasofino expects to pursue around US$300 million in syndicated debt plus equity for project financing, targeting a construction start for September next year.
Website: www.pasofinogold.com
Primary tickers: TSXV:VEIN, OTCQB:EFRGF, FSE:N07A
Stages of development: Exploration, Development
Commodity: Gold
Project to promote: Dugbe
Project location: Liberia
This interview was recorded at our 121 Mining Investment Dubai event from 26-27 November 2025. For more information about the event and those who participated, click here: https://dubai.121mininginvestment.com/home
