Kingston Resources – Misima Gold Project 

Mincore has been awarded the PFS for a 5.5Mtpa Process Plant and Infrastructure which will produce 150,000 Oz of gold per year for at least 15 years. A former plant owned by Placer has already produced 3.7Moz from 1989 to 2004. Dore produced will contain gold and silver. Highlights: Mincore will leverage its experience in Papua New-Guinea to get quotation for civil, SMP and E&I contracts and Australian and South-East Asian suppliers for key equipment. Placer’s original plant will be replicated as much as possible as requested by the Client. Scope includes a comminution circuit, leaching, CIL, detoxification, acid wash, elution and refining as well as a power plant and port rehabilitation. The PFS is expected to be done in 12 weeks and the CAPEX, OPEX and cashflow estimate to be ±25% accurate.