A large scale open pit copper-gold-cobalt
project in northeastern South Australia
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.
PFS shows Pre-tax NPV7.5% of A$564 million, IRR 26%. Average annual production of 30Kt copper and 72Koz gold over a 13 year production period.
Orebody is open in all directions. Very substantial near mine potential based on reconnaissance drilling.
JORC Mineral Resources in a range of metals that provide good exposure to resources commodity cycles in gold, copper, cobalt.