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Scotgold Resources raise £3m to accelerate production at Cononish gold and silver mine

Scotgold Resources Ltd's (LON:SGZ) Richard Gray talks to Proactive London's Katie Pilbeam about his plans to accelerate plans to double production at the Cononish gold and silver mine in Scotland.

Gray explains the plans are on track for the mine to become Scotland's first commercial gold mine by November 30 this year.

These funds will be used to increase exploration activities, rolling out Scotgolds' systematic programmes across its 2,900 square kilometre licence portfolio in the Grampian Terrane of Scotland.

Quick facts: Scotgold Resources Limited

Price: 115.5 GBX

AIM:SGZ
Market: AIM
Market Cap: £62.46 m
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