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Pre-Feasibility Study completed in Q2 2021
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Prioritizes the development of the near-surface/ higher-grade multi-million ounce reserve as a standalone operation
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PFS demonstrates an operation with a mine life of 14 years and total production of 2.1 million gold ounces characterized by:
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Robust production profile: average annual production >180k ounces (first 6 years) & >150k ounces (Life of Mine)
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Average all-in-sustaining cost $707 per ounce (first 6 years) & $801 per ounce (Life of Mine)
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Excellent infrastructure & access of the Project’s location translated into modest initial capital requirements of C$607m (US$461m) for the construction of a sizable operation (mill throughput of 20,000 tonnes per day)
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Environmental assessment/ permitting process underway
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Ongoing resource drilling programs to further expand the multimillion ounce resource
