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February 3, 2014
07:10 EDTRVMRevett Minerals updates Troy Mine reserves and resources
Revett Minerals provided updated reserve and resource estimates at Troy Mine in northwestern Montana at year end 2013 suggesting a 12-year Life of Mine. Exploration efforts will recommence in late 2015. Underground development at Troy continues on schedule and within budget. The mill is scheduled to be restarted for limited commercial production in Q4. The total cost of the decline development is currently estimated to be approximately $12M.
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