Cavalier lifts Crawford Stage 1 NPV by 50% in updated PFS

Cavalier Resources Limited ( (AU:CVR) ) has issued an update.

Cavalier Resources has released an updated 2026 Pre‑Feasibility Study for Stage 1 of its Crawford Gold Project, showing a 50% increase in project net present value to A$77.2 million at a gold price of A$6,500 per ounce. The revision also lifts pre‑CAPEX undiscounted cash flow to A$106.4 million, even after factoring in higher capital, operating and supply‑chain costs linked to ongoing geopolitical tensions.

Management says the stronger metrics provide a firmer basis to finalise financing for Stage 1, which remains focused on the central oxide resource but retains significant upside from open extensions. Cavalier has also outlined a non‑binding funding package, including a US$13 million gold sale agreement with Raptor Capital International and an additional A$5 million secured gold loan facility with Ottomin, supporting its pathway toward production.

More about Cavalier Resources Limited

Cavalier Resources Limited is a gold exploration and development company focused on advancing the Crawford Gold Project in Australia. The company is progressing Stage 1 of the project, targeting the central oxide portion of the resource with potential extensions along strike and at depth, positioning itself to move from development into production.

Average Trading Volume: 89,244

Technical Sentiment Signal: Buy

Current Market Cap: A$25.57M

See more insights into CVR stock on TipRanks’ Stock Analysis page.