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Chesser unveils promising gold scoping numbers for Diamba Sud

CHESSER Resources’ scoping work has outlined a US$159 million project development opportunity at Diamba Sud in Senegal, producing an average of about 90,000-100,000 ounces per annum for 7.5 years at all-in-sustaining-costs of $820/oz.

Michael Quinn
Diamba Sud, Senegal

Diamba Sud, Senegal

The first two years of production could yield 244,000oz at AISC of $545/oz. A post-tax net present value of $301 million has been estimated, with the internal rate of return put at 59%. Those metrics...

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