Katanning Gold Project, WA
Multi-Million Ounce Potential
Resource: 2.16Moz @ 1.21 g/t Au and open
Reserve: 1.28Moz @ 1.25g/t Au
Pre-Feasibility Study delivered and DFS underway
NPV $364M (post-tax)
IRR 41%
Initial 11 years LOM, with 18 month payback
High-grades in initial 6 years of mining deliver an average gold production 126 Koz per annum
Free milling ore with conventional CIL processing facility with LOM average recovery of 90%
100% owned Project on granted Mining Leases
Tier 1 jurisdiction with unparalleled access to infrastructure, grid power, providing stable low-cost energy life of mine
Further potential to expand the current mine plan with drilling underway
- Whole of belt exploration play with >4,000 km2 of tenure 25,000m multi-rig drill program underway focused on resource expansion and regional exploration
- DFS commenced
- Resource update planned Q3 CY2023
- Low discovery cost ~$11 per Resource oz
- Regional gold, lithium and Ni-PGE target
