Cadan Resources Corporation provided an update on the T'Boli underground gold mine. Over the last two years the company has refurbished the Beehive underground workings through the 'Mofoko' portal, which has enabled the company to expose access to known mineralized gold structures. Generally the time and capital cost it would have otherwise taken to develop these structures for production underground stopping would have been significant.

However, the company has already absorbed this cost as part of the necessary exploration program while waiting for government approvals to commence mining.