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Carbine shoots for high returns

Carbine Resources expects to have financing in place in the first quarter of 2017 for its $A85 million (US$41 million), high-margin, long-life Mount Morgan gold-copper project in central Queensland.

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The project will produce 30,000 ounces of gold and nearly 4,000 tonnes of copper per annum (plus pyrite), at current margins (after by-product credits and on an all-in sustaining cost basis), of more