Warrawoona updated PFS strengthens economics

An updated prefeasibility study (PFS) into the Warrawoona gold project, in the Pilbara, has confirmed that the project would generate strong margins and cash flows, owner Calidus Resources said on Monday.

A 2019 PFS into the Warrawoona project estimated that it would require a capital investment of A$95-million, and would recover some 580 490 oz of gold over an initial six year mine life.