Evolution Mining Limited (AU:EVN) has released an update.
Evolution Mining Limited has announced a robust Production Target for Mungari, aiming to produce between 1.9Moz to 2.7Moz of gold from FY24 to FY38, with a mix of Ore Reserves and Mineral Resources. However, they caution that the portion of the target based on Inferred Mineral Resources and Exploration Targets has a low level of certainty and is dependent on further successful exploration. The company remains confident in their projections, as they are based on detailed assumptions provided in an earlier ASX release.
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