Karlawinda reserves increase

MINING WEEKLY | Junior Capricorn Metals has reported a 35% increase to the ore reserve at its Karlawinda gold project, in Western Australia.

The project’s ore reserve has now increased from 892 000 oz to more than 1.2-million ounces, while the mineral resource has increased by 41%, from 2.14-million ounces to 1.52-million ounces.

“The increase in the Karlawinda gold ore reserve to 1.2-million ounces confirms the project as a standout new fully funded greenfield development project in the Western Australian gold industry,” said Capricorn executive chairperson Mark Clark.

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