In a December 3^rd release Gold Resource Corporation says it is resuming work on the Back Forty mining project in Michigan. The company has begun discussions with consulting firms to complete a new feasibility study and plans to restart the state permitting process. A technical report filed in 2023 outlined the project’s economics, showing strong returns at then-assumed metal prices. The analysis projected the mine’s value at about $430 million if gold prices rose to $2,700 an ounce, a level the company says aligns more closely with current market expectations. Gold Resource Corporation, which operates the Don David Gold Mine in Mexico, says developing the Back Forty site remains a key part of its long-term strategy.  Gold Resources Corporation acquired Aquila Resources which had been developing the Back Forty project in 2021.