A preliminary economic assessment of ASX- and TSX-listed OceanaGold’s Waihi district study, in New Zealand, has indicated the potential for a robust project with an extended mine life from the Martha underground, Wharekirauponga underground (WKP), Gladstone openpit and cutback of the existing Martha openpit.
The Waihi district is expected to have an initial mine life to 2036, with total growth capital investment estimated at some $447-million over an eight year period, for four distinct deposits.