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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.
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.
According to the conditions Calidus must submit a species management plan before work can start.
Golden returns from Warrawoona
Warrawoona works gain momentum
Early start on Warrawoona works
