Name of the Project
Wiluna Stage 1 sulphide project.

Location
The Yilgarn Crayton, in the Northern goldfields of Western Australia.

Project Owner/s
Wiluna Mining.

Project Description
The project has a Joint Ore Reserves Committee-compliant resource of 4.63-million ounces at 3.65 g/t and an ore reserve of 1.06-million ounces at 2.85 g/t.

The project involves the staged development of the sulphide operation from its current production profile of producing an estimated 62 000 oz/y from mining free milling ore through the current 2.1-million-tonne-a-year carbon-in-leach processing facility, to initially produce between 100 000 oz/y and 120 000 oz/y of gold and gold in concentrate.

This transition will be realised using the current, recently refurbished crushing circuit, as well as the previously expanded mill circuit and a new 750 000 t/y concentrator.

Wiluna is further planning to increase production by, at a minimum, doubling the mining rate, and increasing production by the concentrator to an estimated 250 000 oz/y of gold by the end of 2023 or early 2024.

Potential Job Creation
Not stated.

Net Present Value/Internal Rate of Return
Not stated.

Capital Expenditure
The estimated cost of the project is A$81-million.

Planned Start/End Date
Not stated.

Latest Developments
The Stage 2 sulphide development feasibility is scheduled for completion in the last quarter of 2021, with the scale of the expansion based on the mineral resource model, which will be announced in January 2021.

Wiluna Mining has approved the concentrator construction works for the project, which included its entering an engineering, procurement and construction contract with GR Engineering Services (GRES).

Key Contracts, Suppliers and Consultants
GRES (engineering, procurement and construction contractor for the Stage 1 works).

Contact Details for Project Information
Wiluna Mining, tel +61 8 9322 6418 or email info@wilunamining.com.au.