Asset report

Pajingo (Vera-Nancy) gold mine

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Report summary

The Evolution Mining owned Pajingo gold mine is located 50km south of Charters Towers, Queensland. Ore is free-milling and is treated by conventional crush-grind-CIP processing with 96% recovery to produce gold-silver dore. Strong focus on cost reduction and efficiency improvements in 2013 has resulted in significant reduced operating costs. Current reserves are limited but there is a history of resource conversion at the mine. As a result, mine life has been modelled to 2019.

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