Calidus on a winner with Warrawoona

CALIDUS Resources’ Warrawoona project in Western Australia’s Pilbara will produce around 100,000 gold ounces every year for six years at a life-of-mine all-in sustaining cost of $1159 per ounce, according to a pre-feasibility study.

Calidus on a winner with Warrawoona Calidus on a winner with Warrawoona Calidus on a winner with Warrawoona Calidus on a winner with Warrawoona Calidus on a winner with Warrawoona

Warrawoona in WA's Pilbara

With a maiden JORC reserve of 418,000oz, Warrawoona will have capital costs of $95 million, net present value of $151 million and internal rate of return of 40% based on a gold price of $1800/oz.