EXPLORATION & DEVELOPMENT

Ausgold boosts values with bigger Katanning gold project

AUSGOLD has looked to enhance its Katanning gold project and by proxy its market value and M&A attractiveness after scoping a five million tonne per annum operation producing an average of 155,000 ounces per annum for the first six years at a pre-production cost of about A$300 million.

Ausgold boosts values with bigger Katanning gold project

A post-tax net present value of $541 million and internal rate of return of 46% has been estimated, with Ausgold using a gold price of $2750/oz versus $2300/oz in the 3Mtpa prefeasibility study of 2022....

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