PRECIOUS METALS

Woodlark margins jump to $1300/oz

THE increase in the gold price bodes well for Geopacific Resources as it advances financing for its Woodlark gold project in Papua New Guinea.

 Geopacific MD Ron Heeks speaking at ResourceStocks

Geopacific MD Ron Heeks speaking at ResourceStocks

As per Geopacific's definitive feasibility study, Woodlark has a payback period of 2.2 years, using a A$1650 an ounce gold price. "The payback period at the current price is 1.4 years which is pretty...

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