With the Rothsay Gold Project (“Rothsay” or “the Project”) in Western Australia, Egan Street Resources Limited (ASX: EGA, “EganStreet” or “the Company”) has a quality, potentially low cost and near term development opportunity in a world-class mining destination. Rothsay is distinguished by its high resource grade of 10.9g/t Au, with a pre-feasibility study (“PFS”) completed in May 2017 highlighting a low and potentially easily financeable ~A$25 million direct capex operation producing over 40,000ozpa at an estimated competitive AISC of A$1,020 over an initial five year mine life.
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Egan Street Resources Limited (ASX: EGA)
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