Cost up but cash improved for Woodlark development

GEOPACIFIC Resources says an extensive technical review to provide increased confidence in its shovel-ready Woodlark gold project, two years after the definitive feasibility study was completed, has delivered improved economics, despite a higher capital cost.

Cost up but cash improved for Woodlark development Cost up but cash improved for Woodlark development Cost up but cash improved for Woodlark development Cost up but cash improved for Woodlark development Cost up but cash improved for Woodlark development

Village relocation is key to Woodlark's development

Using a forecast gold price of A$2200 per ounce, and all-in sustaining costs of $1239/oz over the 13-year mine life, the review has increased post-tax net present value by 76% to $347 million, with an

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