Capricorn Metals Ltd (AU:CMM) has released an update.
Capricorn Metals Ltd is set to enhance its Karlawinda Gold Project by increasing annual gold production to 150,000 ounces. The expansion, backed by a $120 million investment, involves installing a new processing circuit with a payback period of 20 months. This development is expected to bolster Capricorn’s position in the Australian gold production market, promising strong financial returns and operational efficiency.
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