Santana Minerals: Bendigo-Ophir Gold Project Shines

Santana Minerals Ltd. (AU:SMI) has released an update.

Santana Minerals Ltd. has unveiled promising results from its pre-feasibility study for the Bendigo-Ophir Gold Project, highlighting a robust gold production plan with significant financial upside. The project anticipates producing an impressive 1.15 million ounces of gold with an all-in sustaining cost of A$1,416 per ounce, generating A$4.6 billion in revenue at current gold prices. With a projected after-tax NPV of A$1.06 billion and an IRR of 68%, the company is gearing up for the next phase of development, aiming to bolster both regional and national economies.

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