ASX: KZR - Kalamazoo Resources
- Matt Birney
- 4 days ago
- 1 min read
Kalamazoo Resources: Northern Star passed this up for $30m and now its going to make a billion dollars!
Kalamzoo Resources Executive Chairman Luke Reinhr on 3AW, 2GB, 4BC & 6PR Bulls N' Bears Report
Listen to ASX-listed Kalamazoo Resources Executive Chairman Luke Reinehr talk to Matt Birney on the Bulls N’ Bears Report about Kalamazoo’s scoping study that shows a gold mine that will pump out almost a billion in cash ... and quickly!
TO LISTEN TO THE KALAMAZOO RESOURCES AUDIO INTERVIEW - CLICK BELOW
Kalamazoo has just tabled an impressive scoping study for its 1.1-million-ounce Mt Olympus gold deposit in the Pilbara. The study outlines more than 500,000 ounces of gold production, to generate up to $1.4 billion in free cashflow, with the project capital paid back in less than two years. The study uses a conservative $4,500 an ounce base case with gold currently trading above $6,100 spot.