GoldMining Commences Pre-Feasibility Study and Begins Infill Drilling with Three Drills at the São Jorge Project, Brazil
GoldMining has commenced a pre-feasibility study at its 100%-owned São Jorge Gold Project in Pará State, Brazil, with three diamond drills now executing a 6,000-metre infill drilling campaign. The drilling aims to upgrade inferred resources within the PEA pit shell to indicated classification and supply metallurgical and geotechnical data; an updated mineral resource estimate will support a PFS targeted for completion in the first half of 2028.
Key figures
- Pea irr pct
- 42.4
- Pea npv5 usd m
- 532
- Pfs completion
- first half of 2028
- Mine life years
- 10.6
- Drill rigs active
- 3
- Processing rate tpd
- 5500
- Infill drilling meters
- 6000
- Annual gold production oz
- 51250
- Base case gold price usd oz
- 3500
AI analysis
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