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Aphrodite to cost A$123m

A prefeasibility study (PFS) into the Aphrodite gold project, in Western Australia, has estimated that a capital injection of A$81-million would be required for a one-million tonne a year carbon-in-leach (CIL) operation, growing to A$123-million if a pressure oxidation process (POX) is incorporated.

ASX-listed junior Aphrodite Gold on Tuesday reported that the CIL operation would process some 447 000 t of ore, grading 2.6 g/t gold to deliver around 38 000 oz of gold, w