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OZ Minerals Ltd.
Summary
| Project: | CentroGold | |
|---|---|---|
| Deposit: | CentroGold | |
| Location: | Brazil | |
| Commodities: | Gold | |
| Date: | 7/11/2019 | |
| Report Code: | JORC | |
| Report Type: | Pre-Feasibility Study | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 11-7-2019: OZ Minerals Ltd. announces a Pre-Feasibility Study report for its CentroGold deposit at the CentroGold project. PFS results incl. project NPV of US$200M. OZ Minerals today announced results of the Pre-Feasibility Study for the CentroGold projec | |
| Resources: | (Reserve, Prob.): 20Mt @ 1.7g/t Au | |
| CP/QP: | [Overall Report]: n/a (n/a) | |
| ABSTRACT: | OZ Minerals today announced results of the Pre-Feasibility Study for the CentroGold project, located in the highly prospective Gurupi greenstone belt. “The potential of the Gurupi province has strengthened on completion of the CentroGold Pre-Feasibility Study, demonstrating a minimum 10-year, low cost, open pit operation with robust financial metrics,” said OZ Minerals Chief Executive Officer, Andrew Cole. “The study showed that for a relatively modest capital outlay of around US$ 155 million, we can construct an open pit mining operation producing a life of mine average of 100koz – 120koz of gold per annum and an impressive 190koz – 210koz in each of the first two years of operation4 . “All-In Sustaining costs of approximately US$ 640/ oz sit in the bottom half of the global cost curve, and with an NPV of approximately US$ 200 million, the value of the project has improved from the original Scoping Study. | |
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