CHZ 4.17% 12.5¢ chesser resources limited

Maybe Turkey's political situation atm is holding punters back?...

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    Maybe Turkey's political situation atm is holding punters back?

    C&P from presso - AISC of US$580/oz

    Life of Mine C1 cash cost of US$415/oz Au, benefitting from proven low cost structures in Turkey.

    Life of mine average head grade of 2.55 g/t Au, and 1.88 g/t Ag, with metallurgical recoveries of approximately 90% Au and 80% Ag

    Further improvement possible:

    Increase in annual production rate to 80-100k oz pa

    Optimisation of mine plan for early accessing of near-surface high grade zones

    Investigation of staged startup scenarios to reduce initial capex

    Turkish sourcing of large capital items

    Investigation of contract mining
 
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