EXPLORATION & DEVELOPMENT

Youanmi moves into feasibility after scoping points to profitable gold

SCOPING of the Youanmi gold project in Western Australia by 70% owner Rox Resources has outlined a pre-production capital cost of circa A$100 million and a pre-tax net present value estimate of about $300 million for a 71,000 ounce per annum gold in concentrate and dore development with all-in sustaining costs averaging $1538/oz.