Mt Ida small but profitable – Alt

A scoping study into the Mt Ida gold project, in Western Australia, has revealed that some 181 200 oz of gold and 937 800 oz of silver could be produced over a six-year mine life.

ASX-listed Alt Resources on Monday reported that the 500 000 t/y operation would require a capital investment of around A$30-million, and would have an all-in sustaining cost of between A$1 100/oz and A$1 200/oz over the life of the project.