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PT Merdeka Copper Gold Tbk. provides an update on the Tujuh Bukit Oxide Heap Leach Project in East Java, Indonesia, highlighting a well-defined mineral resource of 2.2 million ounces of gold and 74 million ounces of silver. The project is fully financed with a projected mine life of over 9 years, initial capital costs of less than $130 million, and strong financial outcomes including a 50% IRR and a payback period of 1.9 years. Construction is progressing well, with the first gold pour expected in late Q4 2

Author

dsk0316

Language

EN