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Woodlark DFS Boosted by 19% Resource Increase and 1.2 Moz Ore Reserve
10:00am on Thursday 1st of January, 1970 AEST
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Mining
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Woodlark DFS Boosted by 19% Resource Increase and 1.2 Moz Ore Reserve
10:00am on Thursday 1st of January, 1970 AEST
Key Points
19% increase in Mineral Resources to 70 Mt at 0.88 g/t Au
New Ore Reserve of 34.3 Mt at 1.09 g/t Au for 1.2 Moz gold
3.5 Mtpa CIL processing plant with 89.7% average gold recovery
Post-tax NPV of A$1.3 billion and IRR of 50.6% at A$5,500/oz gold
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