High Gold Prices Present Further Upside at Crawford Project
Filed with ASX · · 6 pages · English
The recently completed Stage 1 Oxide-only Pre-Feasibility Study (‘PFS’) was constrained to the highly recoverable, low cost, oxidised portion of the Mineral Resource for application to heap leach Processing The PFS Maiden Ore Reserve for Stage 1 oxide pit was 1Mt @ 0.91g/t for 29,300oz of gold with a pre-CAPEX undiscounted cashflow of A$24.6M, NPV8 of A$15.7M and an IRR of 130% using a gold price
Cavalier Resources Limited on 6ix
Earlier from Cavalier Resources
- Maiden Drill Program Commences - Ella's Rock Lithium Project
- Mining Approval Works Commence at the Crawford Gold Project
- Crawford Maiden Ore Reserve Exceeds 29koz of Gold
- Crawford PFS Restart To Use Onsite Heap Leaching Process
- Outstanding Heap Leach Study Results for Crawford Gold Oxide
Later from Cavalier Resources
- Discovery - 4.37% Titanium Intercept at Ella's Rock
- Non-Renounceable Rights Issue to Raise up to $1.7 Million
- Offer Document - Non-Renounceable Rights Issue
- Extension of Rights Issue Timetable
- Rights Issue Closes Strongly Supported
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