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Legacy Minerals’ Mt Carrington Scoping Study Reveals A$514M NPV and 12-Year Mine Life

10:00am on Thursday 1st of January, 1970 AEST Mining
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Legacy Minerals’ Mt Carrington Scoping Study Reveals A$514M NPV and 12-Year Mine Life

10:00am on Thursday 1st of January, 1970 AEST
Key Points
  • 12-year mine life with 34.4Mt resource at 1.1g/t AuEq and 105g/t AgEq
  • Pre-tax NPV7 of A$514 million and 38% IRR under spot metal prices
  • Initial capital expenditure of A$220.5 million with low strip ratio and shallow open-pit mining
  • Active drilling program with 12,000m approved targeting resource expansion and new discoveries
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