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Carnavale’s Kookynie study points to A$104m cash flow from two gold pits

8:23am on Monday 26th of October, 2026 AEDT • Mining
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Carnavale’s Kookynie study points to A$104m cash flow from two gold pits

8:23am on Monday 26th of October, 2026 AEDT
Key Points
  • Maiden 35.6koz open-pit Ore Reserve at 5.0g/t gold
  • A$104m pre-tax free cash flow and A$87m NPV8 at A$6,000/oz
  • A$24m peak funding requirement, excluding contingency
  • Swiftsure and Tiptoe mining targeted for the second half of 2027
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