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Alice Queen puts Horn Island’s A$706 million study to the drilling test
4:32pm on Monday 28th of September, 2026 AEST
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Mining
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Alice Queen puts Horn Island’s A$706 million study to the drilling test
4:32pm on Monday 28th of September, 2026 AEST
Key Points
Horn Island resource lifted to 569,000 ounces of gold
Pre-tax NPV of A$706 million based on A$6,000/oz gold
A$126 million estimated upfront capital requirement
5,000-metre drilling campaign began after year-end
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