Capricorn Metals Completes Karlawinda Expansion Project
Key points
- Karlawinda Expansion Project completed on schedule
- Achieved 6.5 Mtpa project throughput
- Expected to produce 150,000 ounces of gold annually
Full summary
Capricorn Metals Ltd is pleased to announce the completion of the Karlawinda Expansion Project (KEP), which has successfully achieved the targeted throughput of 6.5 million tonnes per annum (Mtpa). The project was completed on schedule, with all components now operational and transitioning to full throughput. The expanded operation is expected to produce approximately 150,000 ounces of gold per annum, underpinned by a mine life of over 10 years based on existing reserves.
Guidance
Expected to produce 150,000 ounces of gold annually
Outlook
Capricorn Metals anticipates the expanded Karlawinda Gold Project will transition into a long-life operation, producing around 150,000 ounces of gold per annum.
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