News: Video: Site trip to the Mount Morgan Project

• Site trip to the Mount Morgan Gold Project.
• The historical Mount Morgan operation closed in 1991 because of high cyanide consumption due to excess soluble copper.  Carbine plans to selectively remove the copper before it passes through the gold CIL plant through an Ion Exchange Electrowinning process.  Ion Exchange is used in over 25 operations globally including Rio and Barrick Gold operations.
• There is significant infrastructure at Mount Morgan including water, power, transport infrastructure and a local workforce.
• Key results of the Scoping Study included initial capex of $82m, operating costs of US$393 per oz Au and 36,000oz Au p.a.  The project will also produce copper cathode and pyrite concentrate.