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$1,164 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.

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OWNERSHIP

100% ownership of secure mining tenure and surrounding land in low sovereign risk,

mining friendly,

South Australia.

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APPROVALS

Mining Leases granted.

No known environmental permitting or development issues.

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REGULATION

World's best mining practice

and environmental protection

are enforced in 

South Australia.

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LOGISTICS

Proximity to railway line, sealed highway and regional mining centre of Broken Hill.

CLICK HERE TO VIEW THE INVESTOR PRESENTATION

HISTORY

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High Copper Grades at Kalkaroo
Exploration drilling commenced at Kalkar
Kalkaroo Final Permitting Document Lodged
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High Copper Grades at East Kalkaroo

KALKAROO

MUTOOROO

MALDORKY

PROSPECT HILL

EXPLORATION

RARE EARTH ELEMENTS (REE)