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Cavalier Resources Boosts Crawford Project NPV by 50% to A$77.2 Million

8:54am on Wednesday 15th of April, 2026 AEST Mining
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Cavalier Resources Boosts Crawford Project NPV by 50% to A$77.2 Million

8:54am on Wednesday 15th of April, 2026 AEST
Key Points
  • 50% increase in Stage 1 NPV to A$77.2 million at A$6,500/oz gold price
  • Higher capital and operating costs factored due to global supply chain challenges
  • Ore reserve and pit design unchanged from previous studies
  • Non-binding US$13 million gold prepayment and A$5 million loan funding package progressing
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