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
References:
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
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