Gruyera proves up for Gold Road

February 7, 2016

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A prefeasibility study (PFS) into ASX-listed Gold Road Resources’ Gruyere project, in Western Australia, has proven that the project is financially viable.

Based on a maiden ore reserve of 3.17-million, the PFS estimated that the project could deliver about 265 000 oz of gold over an initial 12-year mine life, with capital investment estimated at A$455-million.

Category: General