ReLODE says Aldiss viable

GOLD hopeful RELODE said it would start a bankable feasibility study at its Aldiss project in Western Australia after completing a scoping study which indicated a 55,000 ounces gold per annum operation with a mine life of four years, costing $17 million to start up.

ReLODE says Aldiss viable ReLODE says Aldiss viable ReLODE says Aldiss viable ReLODE says Aldiss viable ReLODE says Aldiss viable

Based on a gold price of $625 per ounce ReLODE said the project could generate an operating cash flow of $32.2 million after operating costs.

loader