For thousands of other reports visit RSC's Mineral Intellingence Map
Bardoc Gold Ltd.
Summary
| Project: | Bardoc | |
|---|---|---|
| Deposit: | Bardoc | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 3/17/2020 | |
| Report Code: | JORC | |
| Report Type: | Pre-Feasibility Study | |
| Project Stage: | Active Mining & Production | |
| Report details: | 17-3-2020: Bardoc Gold Ltd. announces a Pre-Feasibility Study report for its Bardoc deposit at the Bardoc project. PFS results incl. post-tac NPV (8%) of A$252M and IRR of 27%. Bardoc Gold Limited (ASX: BDC) (Bardoc or the Company) is pleased to advise th | |
| Resources: | (Reserves, Prob.): 10.4Mt @ 2.4g/t Au (789koz Au) | |
| CP/QP: | [Overall Report]: Robert Ryan (Internal) | |
| ABSTRACT: | Bardoc Gold Limited (ASX: BDC) (Bardoc or the Company) is pleased to advise that it has taken a further important step towards its objective of building a significant new mid-tier Australian gold company after delivering a positive PFS for its flagship 100%-owned Bardoc Gold Project, located ~50km north of Kalgoorlie in Western Australia (Bardoc Gold Project or Project). The PFS confirms the strong project economics and commercial viability of a new standalone mining and processing operation at Bardoc with a robust production profile, competitive operating costs and attractive financial returns. The strong outcomes of the PFS demonstrate that Bardoc is well positioned to be the next significant midtier gold producer in the Kalgoorlie region. As part of the PFS, Bardoc is pleased to announce the Maiden JORC Probable Ore Reserve of 10.4Mt @ 2.4 g/t for 789,000oz underpinning an estimated initial 7-year production period of 135,000ozpa, with peak gold production of over 150,000ozpa for 5 years. The All-in Sustaining Costs (AISC) are estimated to be A$1,220/oz, which, at current gold prices will allow the Company to generate on average over A$100 million of free cash flow per year during the project’s life. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report