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Bluebird Merchant secures permit for Gubong gold development in South Korea

Bluebird Merchant Ventures Ltd. received confirmation that its joint venture with Southern Gold Ltd. was granted a permit to develop the past-producing Gubong gold mine in South Korea.

The company noted in its Sept. 10 release that the development permit is the first one issued by South Korea for a gold project since the 1990s.

In late January, Bluebird Merchant said it expected to receive permits in the first quarter to develop and mine the Kochang and Gubong gold properties.