PROJECTS

/PROJECTS
PROJECTS 2019-04-26T07:45:44+00:00

Kirkalocka Gold Project (100%)

  • Past production 6.6MT at 1.47 g/t (311,240 ounces)
  • Mineral resource 15Mt at 1.1g/t (548k Oz)
  • Ore Reserve 6.7Mt at 1.2g/t (260k Oz)
  • Refurbishing the existing plant and expanding the capacity to 2.5Mtpa, (expandable to 3Mtpa).
  • A$55M Pre-production CAPEX – fully funded
  • First gold pour in scheduled for October 2019
  • Annualized production @ LOM AISC of $936/oz
  • Y1 to Y4 – Average 135koz
  • Kirkalocka – Stage 1 Open Pit 6 year mine life
  • 666 km2 exploration tenure, significant upside to extend mine life through near-mine and greenfields exploration
  • Pathway to 170 – 200koz per annum through strategic growth (Corporate acquisition).

Corinthia Underground Mine (100%)

  • Past production 2.7MT @ 3.4 g/t, 300koz
  • Mineral resource 4.3 Mt at 2.1g/t (290k Oz)
  • Commence production from new exploration decline with initial production at 7.4g/t
  • Targeting Mineral Resource of 500,000 ounces and Ore Reserve of 200,000 ounces to support sustainable production of 500,000 tonnes per annum at 5.0 g/t (80,000 Ounces)

Burbanks Processing Plant

  • Option to acquire announced April 2019
  • Secures processing solution option for Corinthia ore
  • Refurbishment and expansion underway

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