Updated Mineral Resource Estimate at Doropo
| Stock | Resolute Mining Ltd (RSG.ASX) |
|---|---|
| Release Time | 8 Sep 2025, 8:27 a.m. |
| Price Sensitive | Yes |
Resolute Mining Announces Updated Mineral Resource Estimate at Doropo
- Total Measured, Indicated and Inferred Mineral Resource of 114 Mt grading 1.19 g/t Au for 4.4 Moz, a 28% increase
- 84% of Mineral Resources are in the Measured and Indicated category
- Larger deposits remain open along strike and at depth, with potential for further growth
Resolute Mining Limited announced an updated Mineral Resource Estimate (MRE) for the Doropo Gold Project in Northern Côte d'Ivoire. The updated MRE totals 114 Mt grading 1.19 g/t Au for 4.4 Moz of gold, representing a 28% increase from the previous MRE of 3.4 Moz. 84% of the Mineral Resources are in the Measured and Indicated categories. The larger deposits, such as Kilosegui and Souwa, remain open along strike and at depth, providing potential for further resource growth. Resolute is currently optimizing the 2024 Definitive Feasibility Study for Doropo, incorporating the updated Mineral Resources and a higher gold price assumption of $1,950/oz (versus $1,450/oz previously). The updated DFS is expected in Q4 2025, along with an updated Ore Reserve. Resolute is awaiting approval of the Exploitation Permit and expects to reach a Final Investment Decision by the end of 2025, with production targeted to commence in 2028.
Resolute expects the updated Mineral Resources at Doropo to extend the mine life by at least five years beyond the original 10-year plan outlined in the 2024 DFS. The updated DFS is expected to maintain a production profile of more than 200koz per year in the first four years of production.
Resolute is confident that Doropo will be a high-quality, long-life mine, with the expectation of further resource growth at the Kilosegui and Souwa deposits. The company is continuing optimization studies and expects to provide the updated DFS and Ore Reserve by the end of 2025.