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WPG cuts costs at Tarcoola development

A revised definitive feasibility study for the development of the Tarcoola gold project, in South Australia, has significantly reduced the expected capital costs, ASX-listed WPG Resources told shareholders.

A 2015 feasibility study had estimated that the project would require a capital spend of A$16.7-million to support production of 20 000 oz/y of gold, over a mine life of three years.