KALKAROO PROJECT
A large scale open pit copper-gold-cobalt
project in northeastern South Australia
SUMMARY
Kalkaroo is one of the largest undeveloped open pit copper deposits in Australia on a 0.89% CuEq Ore Reserve basis.
Contains 1.1 million tonnes of copper, 3.1 million ounces of gold and 23,200 tonnes of cobalt in Measured, Indicated and Inferred JORC Mineral Resources.
ONE OF AUSTRALIA'S LARGEST UNDEVELOPED
OPEN PIT COPPER-GOLD DEPOSITS
SUBSTANTIAL RESOURCES
100 Mt Ore Reserve (90% Proven) based on 1.1 Mt of copper, 3.1 Moz of gold, 23.2 Kt of cobalt in JORC Mineral Resources.
PROJECT ECONOMICS
PFS financial model shows pre-tax NPV7.5% of A$1,163 million* based on an average annual production of 30Kt copper and 72Koz gold over a minimum 13 year production period.
EXPLORATION UPSIDE
Orebody is open in all directions. Very substantial near mine potential based on reconnaissance drilling.
DIVERSE PORTFOLIO
JORC Mineral Resources in a range of metals that provide good exposure to resources commodity cycles in gold, copper, cobalt.
* based on long term metal price forecasts of US$1,500 / oz gold and US$ 3.50 / lb copper and US$:A$ 0.75.
OWNERSHIP
100% ownership of secure mining tenure and surrounding land in low sovereign risk,
mining friendly,
South Australia.
APPROVALS
Mining Leases granted.
No known environmental permitting or development issues.
REGULATION
World's best mining practice
and environmental protection
are enforced in
South Australia.
LOGISTICS
Proximity to railway line, sealed highway and regional mining centre of Broken Hill.
CLICK HERE TO VIEW THE INVESTOR PRESENTATION
HISTORY
High Copper Grades at Kalkaroo
Kalkaroo Final Permitting Document Lodged
High Copper Grades at East Kalkaroo
KALKAROO
MUTOOROO
GRANTS
MALDORKY
PROSPECT HILL
EXPLORATION
RARE EARTH ELEMENTS (REE)