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Alice Queen’s Horn Island Study Confirms A$706 Million NPV and Fast Payback

9:00am on Thursday 30th of July, 2026 AEST Mining
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Alice Queen’s Horn Island Study Confirms A$706 Million NPV and Fast Payback

9:00am on Thursday 30th of July, 2026 AEST
Key Points
  • Pre-tax NPV of A$706 million at A$6,000/oz gold
  • 11-year mine life with 466,000 ounces gold production
  • Upfront capital expenditure estimated at A$126 million
  • Rights Issue raised $3.5 million, major shareholder fully subscribed
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