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Magnetic Resources Confirms A$970M NPV for Lady Julie Gold Project
8:25am on Wednesday 23rd of July, 2025 AEST
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Mining
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Magnetic Resources Confirms A$970M NPV for Lady Julie Gold Project
8:25am on Wednesday 23rd of July, 2025 AEST
Key Points
9-year mine life with 1.02 million ounces gold production
Pre-tax NPV of A$970 million at A$4,000/oz gold price
Initial capital expenditure of A$375 million with 30-month payback
Maiden Mining Reserve of 18 million tonnes at 1.72 g/t Au
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