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extensions to the 1.2 moz reserve and 2.1 moz resource. The going has also been slow for Xanadu Mines Ltd in
Breaker Resources NL is hopeful of emulating Capricorn. Mongolia where it is attempting to develop the Kharmagtai
The explorer has had an inconsistent few years but appears copper-gold project. The company has recently extended
to be back on track at its Lake Roe project east of Kalgoorlie, strike of the main zones and made two additional discoveries
growing the Bombora deposit to 27.9mt @ 1.5 g/t for 1.4 at the project with an updated resource planned on the large
moz gold this year. The satellite discoveries of Claypan porphyry system for the end of 2021.
(67,000oz) and Crescent-Kopai (86,000oz) have given
Breaker encouragement that Bombora is part of a 9km-long
gold system.
A new resource is planned for the end of the year.
Elsewhere, exploration and economic studies continued. In
Cote d’Ivoire, Tietto Minerals Ltd has doubled the resource
at Abujar to 3.4 moz gold and is in the middle of DFS which
will define the development pathway for the project.
In Canada, Sabina Gold & Silver Corp remains on track to
deliver first gold from its Back River project in Nunavut,
albeit with a slightly stretched timetable.
In February, the company released an updated feasibility
study for the 5.3 moz gold project, indicating it could produce
223,000 ozpa over 15 years at AISC of $US775/oz for initial
capex of $US466 million.
Resolute’s focus at Syama has largely been on Tabakoroni
In September, Sabina said the project debt process was
where it is planning to move underground once open pit oxide
expected to be concluded by the end of the year with a
resources have been depleted in 2024
production decision to follow soon after.

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ITS FIRST 100 YEARS
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