The Rover 1 PFS models an underground mine build with a modern 500,000tpa processing plant focused on the production of gold, copper, cobalt and magnetite downstream products delivering strong economic outcomes with an initial project life of 8 years.
Financial Highlights include:
• A Pre-Tax NPV6.5% of $451.7 million with an IRR of 46%.
• Total Revenues of A$1.94 billion.
• Pre-tax cash flow of A$1.02 billion.
• An Undiscounted Pre-tax Net Cash Flow of A$686 million.
• Capital cost estimate of A$279.5 million (Including Processing Plant A$160.7M)
Watch the video to see the outstanding results from the 2022 Rover 1 PFS including the proposed mining and processing designs
The Rover 1 PFS models an underground mine build with a modern 500,000tpa processing plant focused on the production of gold, copper, cobalt and magnetite downstream products delivering strong economic outcomes with an initial project life of 8 years.
VIEW THE ROVER PROJECTExplorer 108 has defined a lead-zinc discovery with a polymetallic resource of approximately 12Mt @ 3.24% Zn, 2.00% Pb and 11.1/t Ag. Castile is considering high grading the lead zinc resource as a potential future feed source for the proposed Rover 1 Infrastructure.
VIEW THE WARUMPI PROJECTExplorer 142 has a defined Inferred copper resource of 176kt @ 5.21% Cu and shares similar geological characteristics with Rover 1.
Rover 4 is located 2kms from the Rover 1 Project. A maiden Mineral Resource Estimate (MRE) was announced in November 2022 providing optionality for further copper and gold inventory for the proposed Rover 1 infrastructure.
The video shows the outstanding results from the 2022 Rover 1 PFS including the proposed mining and processing designs.
Watch the video to see the underground view of the Rover 1 Project
