Flagship Regional Gold Projects

Regional Gold Projects

A historically significant gold region.

The refurbished Georgetown Gold Processing Plant underpins the Company’s regional gold expansion strategy.

A central processing facility in a highly mineralised region.

Agate Creek Gold Project

Resource expansion underway for potential large scale mining and processing

High-grade ore mining underway  Ore is permitted and being processed through the Georgetown Processing Plant

Further high-grade mining  Mining operations continue to perform well with daily mining rates at or above targeted levels, and grades similar to modelled grades for the current design

Resource expansion  Current Resource of 471 koz (1) with an ongoing drill campaign delivering high-grade gold hits

Modern exploration opportunity  A comprehensive expert multi-element study of the Project defined significant potential upside within the current mining area at depth and along strike with additional targets identified regionally

Georgetown Gold Processing Plant

Gold mine and regional processing hub

  • Strategic fit — Ownership of process infrastructure and control over own gold production while enhancing exploration optionality

  • Improves Agate Creek economics – Georgetown processing cuts haulage distance down to ~100km

  • Exploration potential – Large package of additional exploration and mining leases covering 515 km2 in close proximity to Georgetown mill

  • Superior cashflows – Processing Agate Creek ore via Georgetown mill provides far superior cashflow outcome 

  • Regional optionality – The only gold plant within 400km radius providing opportunity to commercialise other stranded resources in the region

1. Refer competent persons statement on slide 15 and Agate Creek Mineral Resource table on slide 16 in the SVG AGM Presentation dated 30 November 2022

Stay up to date

Sign up with your email address to receive news and updates.