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Mandilla gold project, Australia

17th November 2023

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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Name of the Project
Mandilla gold project.

Location
Near Kalgoorlie, in the Goldfields region of Western Australia.

Project Owner/s
Astral Resources.

Project Description
Mandilla is one of the biggest undeveloped free-milling openpit gold development projects in the Kalgoorlie region. A scoping study has proposed the construction of a 2.5-million-tonne-a-year carbon-in-leach processing plant, incorporating a three-stage crush and ball mill configuration with associated infrastructure.

Projected average gold production is estimated at 100 000 oz/y at an average feed grade of 1.30 g/t of gold over the first 7.4-year period. This will decrease to a projected average gold production target of about 41 000 oz/y at an average feed grade of 0.50 g/t gold when treating lower-grade stockpiles over the remaining 3.4-year period.

Total payable metal is estimated at 845 000 oz.

Potential Job Creation
Not stated.

Net Present Value/Internal Rate of Return
The project has a pretax net present value, at an 8% discount rate, of A$442-million and an internal rate of return of 73%, with a payback after-tax of 0.75 years.

Capital Expenditure
Preproduction capital expenditure is estimated at A$123-million.

Planned Start/End Date
Not stated.

Latest Developments
None stated.

Key Contracts, Suppliers and Consultants
None stated.

Contact Details for Project Information
Astral Resources, tel +61 8 9382 8822 or email info@astralresources.com.au.

Edited by Martin Zhuwakinyu
Creamer Media Senior Deputy Editor

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