StockMarketWire.com - Scotgold Resources said it would initiate development activities on Wednesday at its Cononish gold and silver project in Scotland after getting relevant regulatory approvals.

The company said it had received confirmation from the Loch Lomond and the Trossachs National Park Planning Authority that all pre-start conditions had been discharged.

'We are delighted to have reached this point and are looking forward to a very exciting 2019, bringing the Cononish project into production,' chief executive Richard Gray said.

'We can now put our implementation plans into action and anticipate the first rock breaking activities at the Cononish mine portal starting early in the New Year.'

'We hope our many stakeholders will follow us on this journey, culminating in first gold production planned for end of 2019.'




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