Advancing the Ternera Discovery Towards Development
Single open pit mining operation with 3Mtpa processing plant, capable of delivering over 110koz per annum of gold, with additional upside still to come
September 2026 Ore Reserve Declaration
US$3,500/oz gold
42.8Mt at 0.93 g/t gold
Initial single open pit mine
95% Au recovery
Standard CIP plant
3.0Mtpa throughput
Initial 13-year operating life
1.19Moz gold
+110koz p.a. steady state
US$276M upfront capital
Including US$41M pre-strip
US$1,538/oz AISC
Life of mine average