Mandilla Project Pre-Feasibility Study - Maiden Ore Reserve

Astral Resources NL is excited to share the results of the Pre-Feasibility Study for the Mandilla Gold Project, showcasing its potential for robust, large-scale development with a 19-year life-of-mine. With a production target of 1.4 million ounces of gold and an all-in sustaining cost of $2,085 per ounce, this project is set to deliver impressive returns. At a gold price of A$4,250, we forecast over $2.8 billion in free cashflow and a pre-tax NPV8 of approximately $1.4 billion, making it a compelling economic proposition. Even at a gold price of $5,000 per ounce, the project shows great potential, with over $3.9 billion in free cashflow forecasted.