Santana Minerals' (NZE:SMI, ASX:SMI) Bendigo-Ophir project in New Zealand is expected to produce 1.2 million ounces of gold from open pit and underground mining based on its pre-feasibility study, the company disclosed in a Friday Australian bourse filing.
The estimate is based on an average all-in-sustaining cost of AU$1,416 per ounce at the current spot price of AU$4,000 per ounce.
Sanatana's board also announced an ore reserve estimate of 15.5 million tonnes at 2.4 grams per tonne of gold for 1.2 million ounces.
The mining company's shares were down almost 6% in recent Friday trade in New Zealand and fell past 1% in Australia.
Price (AUD): $0.65, Change: $-0.04, Percent Change: -5.80%
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。