Stage 1:We will run a 14-month toll treatment operation, generating over $150 million in revenue at current gold prices. This phase is fully funded with the support of Bain Global Resources (BGR) and showcases MEGA’s ability to deliver value with its own internal mining services capability.Production will be delivered by our in-house team, allowing full control over technical and operational performance.Stage 2:Alongside production, the MEGA team are initiating approvals for Stage 2, which will expand the open pit to unlock a further 60,000 ounces of gold.Stage 3: In the coming months, MEGA will also mobilise exploration rigs to continue growing the resource, ensuring the long-term potential of RAMA and the wider project area.With a head grade of 4 grams per tonne, the RAMA ore body represents a rare and valuable asset, and we’re just getting started.“RAMA is only the beginning for MEGA Resources. We’re a mining-first business, driven by Australian-based expertise and execution. Our team is proud to take this project into production and excited aboutA what’s still to come,” said Josh Conley, General Manager of MEGA Resources
Blossoms in denial.
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