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Black Bear Minerals Scoping Study Shows Strong Economics for Independence Gold Project
8:30am on Monday 3rd of August, 2026 AEST
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Mining
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Black Bear Minerals Scoping Study Shows Strong Economics for Independence Gold Project
8:30am on Monday 3rd of August, 2026 AEST
Key Points
Post-tax NPV₅ of ~A$511m and 64% IRR at A$6,128/oz gold
Production target of 31.9Mt at 0.30 g/t gold and 6.09 g/t silver
Estimated recovered production of 250koz gold and 1.77Moz silver over 9.7 years
Initial capital expenditure of ~A$119m plus working capital
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