Five Projects with a strong growth profile and strategies for value creation
World-class gold production facilities at the Ballarat Mine Project with JORC compliant Inferred Resource
- Portal and declines in
- processing plant built & commissioned
- workforce in place
- fully permitted to operate
- ore mining and gold bullion production commenced
Realistic gold production profile targeting 50,000 ounces per year - late 2012 (contingent on exploration success)
Cash operating cost per ounce anticipated to be <A$800/oz
A nine month ramp-up in production has commenced. Initial 2 year production profile delineated.
Recent market re-rating due to a mine plan review.
Near-mine and regional exploration targets clearly defined.
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