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CAPITAL COST ESTIMATES. New Total Capital Expenditure Estimate of $141 Million Including $7 Million Spent to Date. 7 Queen Mining Co. Ltd. (TSX:GQM; OTCQX:GQMNF) (the "Company") is pleased to provide an update on the construction underway on its Soledad Mountain Project (the "Project") and its expected capital costs for the construction of the Project.

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