GoldMining Appoints Project Director to Lead Next Phase of Advancement of the São Jorge Gold Project, Brazil
GoldMining appointed Alexandre Soares Pimenta, a 25-year mining veteran, as Project Director for its 100%-owned São Jorge Gold Project in Pará State, Brazil. His mandate covers commencing pre-feasibility activities and finalizing a multi-rig infill diamond drilling program to further define the deposit following June 2026's PEA, which modelled a US$532M after-tax NPV(5%) and 42.4% IRR at a US$3,500/oz gold price.
Key figures
- Pea processing tpd
- 5500
- Pea mine life years
- 10.6
- Pea irr after tax pct
- 42.4
- Pea npv5 after tax usd m
- 532
- Pea avg annual production oz
- 51250
- Pea gold price assumption usd oz
- 3500
AI analysis
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