White Rock Minerals (ASX:WRM) is focused on the Mt Carrington Project, a gold and silver development asset in New South Wales.
Mt Carrington brings with it a low capex of circa A$30 million, which includes the Definitive Feasibility Study and the Environmental Impact Statement.
The JORC resources of 338,000 ounces of gold and 23.4 million ounces silver is projected to deliver a free cash flow of over A$100 million (before financing) from an initial 7 year mine life.
Recent studies have shown significant potential for expanding the in-pit resource, which would deliver a further boost to the already robust economics.
White Rock is also in the enviable position of already having secured a transformational financing package with Cartesian Royalty Holdings to fund the construction and commissioning of the mine.
For a touch of diversification, White Rock also has a VMS zinc and silver exploration project in Alaska.
Find out more from Matthew Gill, managing director, at Proactive's Spotlight CEO Sessions.
- White Rock Minerals (ASX:WRM); Matthew Gill.
- Carnarvon Petroleum (ASX:CVN); Adrian Cook.
- Great Boulder Resources (ASX:GBR); Stefan Murphy.
- Elk Petroleum (ASX:ELK); Brad Lingo.
- Petsec Energy (ASX:PSA); Maki Petkosvki.
(Argent Minerals will now be presenting on 20 / 21 February. Details to come.)