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Regis revives billion-dollar gold project

From australianmining.com.au

Regis Resources has taken a major step toward reviving its stalled McPhillamys gold project in New South Wales, unveiling a new pre-feasibility study (PFS) that reinstates the project’s 1.89-million-ounce ore reserve and outlines an alternative tailings management strategy. The study confirms filtered tailings co-disposed within an integrated waste landform (IWL) as a viable development pathway. “It is very pleasing to be able to reinstate the McPhillamys reserves of 56 million tonnes (Mt) at 1.1 grams per tonne (g/t) gold (Au) for 1.89 million ounces (Moz) (100 per cent probable), achieving a significant milestone ... (full story)

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  • Category: Fundamental Analysis