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GOLD ORE

Investors

Investors

Financial reports, presentations, and regulatory disclosures for the Gold Ore portfolio in Benoni South, South Africa.

District
Benoni South, Gauteng
Development Path
Opencast → Underground
Prospecting Right
GP10448 PR
Valid to Oct 2025; extendable +3 yrs
Target First Production
2026
Combined LoM
≈10 years
Gold (Combined LoM)
≈3,038 kg
Offtake/Processing
Goldplat PLC (MOU)
Toll treatment ~8 km
Planned Jobs
600–800+
During sustained operations

Investment Case

  • Near-surface opencast ounces in New Kleinfontein enable early, capital-light cash flow while Turnbridge underground supports long-life production.
  • Goldplat PLC MOU provides toll treatment close to site (~8 km), lowering logistics and capex burden.
  • Compliance-first development: valid PR (GP10448), approved BARs for permits, and a rehabilitation-led surface safety programme.
  • Local jobs & value: planned 600–800+ roles at steady state, supplier inclusion, and transparent ESG reporting.

Milestones

  1. Prospecting Right & baseline studiesComplete
  2. Mining permits (NK) via BAR processApproved
  3. Processing route (Goldplat MOU)In place
  4. Start of production2026 (target)

Governance & Compliance

  • Compliance with South African mining, water and environmental legislation, with transparent reporting.
  • Environmental approvals via Basic Assessment Reports for Mining Permits; PR GP10448 in good standing.
  • Processing partner maintains relevant water/waste licences; haulage distance kept short (~8 km).

Investor Relations

For access to detailed data rooms, site visits, and Q&A sessions, contact our IR team.

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