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How big is the Richmond Hill project?

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Breakdown

0:00lesson

Richmond Hill Project — resource estimate and financials

  • Resource estimate 2.6M ounces in measured/indicated category
  • Grade 0.56g or 17oz/ton
  • 17-year mine life at 153k oz/year
  • $2,350 gold price base case → $1.6B NPV
  • $4,000 gold price → ~$3B NPV
1:55lesson

SK1300 Project — proximity to existing mine

  • 2 miles north of Wararf mine (100k oz/year)
  • Homestake District produced 40M oz over 125 years
  • Located on private land with existing infrastructure
  • Preliminary economic study in Q4
  • Low strip ratio <1

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