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CTPJV Commences $38M Groundrush Decline to Unlock 400,000oz Gold Upgrade

8:25am on Monday 31st of August, 2026 AEST Mining
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CTPJV Commences $38M Groundrush Decline to Unlock 400,000oz Gold Upgrade

8:25am on Monday 31st of August, 2026 AEST
Key Points
  • Signed $38 million contract with Macmahon for Groundrush decline
  • 3.5km underground decline to 350m depth over 14 months
  • 33,000m infill drilling to convert 400,000oz from Inferred to Indicated
  • Resource drilling resumed at Jims Gold Deposit with 220,000oz resource
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