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Highland Gold receives government nod for development of Kekura deposit

Highland Gold Mining Ltd. received approval from the Russian government to develop the Kekura gold deposit.

The Kekura deposit is the company's flagship development project and holds estimated JORC-compliant reserves of 1.7 million ounces of gold.

A definitive feasibility study is scheduled to complete in the fall of this year, and commercial production is anticipated to start in 2020, according to the June 5 release.