Resource Capital Gold Corp. announced the completion of a positive Preliminary Economic Assessment on the Dufferin Gold Mine and the West Dufferin property being acquired by the Company located in Nova Scotia, Canada. The PEA was completed by MineTech International Ltd. of Halifax, Nova Scotia, and Global Mineral Resource Services of Vancouver, British Columbia. Economic results in the PEA show the production of 216,050 ounces of gold during a 10-year mine life, with a pre-tax IRR of 158% and a capital payback period of 1.3 years with a net present value of CAD 121,100,000 at a 5% discount rate. These economic numbers do not include any of the planned production from the stockpiled materials, which would be in addition to such amounts, and which the Company plans to commence in January, 2017. The PEA suggests a 6-month pre-production period followed by 6 months of initial mining ramping up to full 300-tpd production at the end of Year 1. The pre-production period has already started, with Company staff onsite for the last two months in preparation for processing of the stockpiled materials starting in January along with trial mining later in first quarter of 2017.