Midas richer with price

MIDAS Resources' Fortitude gold project in Western Australia would make more than $A21 million operating profit at a gold price of $A750 per ounce according to an independent pit optimisation study, though production is still about two years away.

Midas richer with price Midas richer with price Midas richer with price Midas richer with price Midas richer with price

Pit optimisation carried out by Minecomp estimates Fortitude is robust down to a gold price of $500/oz, at which level an operating profit of $A4.85 would be generated.

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