Resolute Mining Says Côte d'Ivoire Gold Project's Scoping Study Shows 'Strong Production Profile'

MT Newswires Live

May 13

Resolute Mining's (ASX:RSG) scoping study for its ABC project in Côte d'Ivoire showed a "strong production profile" averaging about 141,000 ounces of gold per annum over a 12-year lifespan, according to a Wednesday filing with the Australian bourse.

The results translate to total gold production of 1.7 million ounces at an all-in sustaining cost of $1,614 per ounce, with a capital cost estimate of $648 million, per the filing.

The company aims to optimize the size of the processing plant to raise the profile above 200,000 ounces per annum for at least 10 years of mine life, it said.

Resolute Mining has so far drilled more than 25,000 meters, with the results expected to allow for an updated mineral resource estimate in the second half of the year.

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