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Woodlark DFS delivers for partners

Geopacific Resources has released the definitive feasibility study for the promising Woodlark gold project on Papua New Guinea’s Woodlark Island that describes a “robust” A$202 million project that could be paid back within 2.2 years of development.

Woodlark DFS delivers for partners Woodlark DFS delivers for partners Woodlark DFS delivers for partners Woodlark DFS delivers for partners Woodlark DFS delivers for partners

All smiles at Geopacific after a promising DFS for Woodlark in Papua New Guinea

Geopacific managing director Ron Heeks said the Woodlark DFS had demonstrated a high-margin, long-life operation with an enviable exploration upside. 

 

"Payback is fast, cash generation is high and exploration has the potential to provide significant organic growth," he said.

 

The DFS, completed by Lycopodium, outlines an initial 13-year mine life based on three pits at Kulu...

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