Perseus Pursues Growth Opportunities at Yaoure Gold Mine
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| Stock | Perseus Mining Ltd (PRU.ASX) |
|---|---|
| Release Time | 17 Jul 2026, 8:21 a.m. |
| Price Sensitive | Yes |
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Perseus Mining Pursues Growth at Yaoure Gold Mine
Key Points
- CMA underground performing well and transitioning to operation.
- Yaouré open pit identified +24% more metal from the trailing 6 months to March'26.
- $34M committed to drilling in FY27 to increase the Mineral Resource base.
- Exploration drilling beyond the boundary fence produced positive results.
- FY27 work plan targets conversion of Inferred Resources.
Full Summary
Perseus Mining Limited (ASX/TSX: PRU) provides an update on growth projects at its Yaoure Gold Project in Côte d'Ivoire. Highlights include the successful transition of CMA underground into stoping operations, a 24% increase in metal from the Yaouré open pit, and positive exploration results beyond the boundary fence. The company has committed $34 million for FY27 drilling to increase the Mineral Resource base and extend the mine life. The FY27 work plan targets the conversion of Inferred Resources to extend the Yaouré open pit.
Outlook
Perseus Mining is optimistic about extending the mine life of the Yaoure Gold Mine beyond current estimates, with a focus on converting Inferred Resources and exploring new extension targets.
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