Havieron PFS Stage 1 estimated IRR of 16% with a 4 year payback period1,2,3,4 Estimated average gold production of 160kozpa @ AISC of US$743/oz over initial 9 year mine life from a ~2Mtpa operation1,2,3 Capital efficient, low intensity development utilising existing Telfer processing infrastructure PFS based on Ore Reserves of 14Mt and does not consider 37Mt of Inferred Mineral Resource The Study identified that
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