Economically robust, technically straightforward gold project with district-scale growth potential yet to be unlocked
SIGNIFICANT MINERAL RESOURCE UPDATE
- Unconstrained MRE grows to 2.0Moz @ 1.07g/t Au.
- Pit–constrained MRE delivers 1.82Moz @ 1.10g/t Au with more than 60% of the Resource Indicated.
- Improved ounce per vertical metre profile supports future mine design.
EXCELLENT METALLURGY
- Excellent average gold recovery of >94% from Ternera composite samples at large 125 μm grind size.
- Low cyanide consumption and highly–favourable comminution characteristics.
UPDATED SCOPING STUDY OUTCOMES
- Expanded and upgraded Ternera open pit operation
- Robust project economics
- Simple development pathway
TERNERA DEPOSIT MINERAL RESOURCE ESTIMATE
