Bird in Hand positive for Terramin

A feasibility study into the Bird in Hand gold project, in South Australia, has estimated that over a mine life of four years, the project could produce an average of 11 100 t/y of concentrate containing 44 700 oz of gold and 20 600 oz of silver.

ASX-listed Terramin on Tuesday told shareholders that the feasibility study estimated that the project would require a capital investment of A$54-million, with the total life-of-mine capital estimated at A$84-million.