ABC Project Scoping Study
| Stock | Resolute Mining Ltd (RSG.ASX) |
|---|---|
| Release Time | 13 May 2026, 8:18 a.m. |
| Price Sensitive | Yes |
Scoping Study Confirms Attractive Economics and Growth Potential at ABC Project, Côte d'Ivoire
- Long-life, open pit gold operation with strong production profile averaging 141 koz per annum over 12 years
- Attractive post-tax economics with NPV5% of US$1.2bn and IRR of 39% at US$3,500/oz gold price
- Significant upside potential from further resource growth and exploration success
Resolute Mining Limited is pleased to announce the results of a Scoping Study for the ABC Project in Côte d'Ivoire, based on the existing 2.16 Moz gold Mineral Resource Estimate. The Study confirms the ABC Project's strong economic potential and its pathway to become Resolute's second operating gold mine in Côte d'Ivoire, supporting the Company's strategy to build a diversified, multi-asset gold platform. It outlines a robust, long-life operation with attractive economics and meaningful potential upside from further resource growth and exploration success. The project is envisaged as a long-life, open pit gold operation with a strong production profile averaging approximately 141 koz per annum over a 12-year mine life, delivering total gold production of 1.7 Moz at a competitive life-of-mine all-in sustaining cost of US$1,614/oz. The Study demonstrates attractive post-tax economics, with a net present value at a 5% discount rate of US$1.2bn and an internal rate of return of 39% at a gold price assumption of US$3,500/oz. Resolute is accelerating step-out drilling at the Kona Central and Kona South deposits to unlock further resource growth and build on the Project's strong progress, with an updated Mineral Resource Estimate expected in H2 2026.
Based on the Scoping Study, the ABC Project is expected to produce approximately 141 koz of gold per annum over a 12-year mine life.
Resolute will continue to progress the ABC Project, with a focus on infilling and expanding the resource through further drilling, optimizing metallurgical testwork, and completing the required technical studies to target the delivery of a Definitive Feasibility Study in 2027.