Intermin eyes second gold project

A scoping study into the Goongarrie Lady gold project, in Western Australia, has estimated that the project could deliver some 15 639 oz of gold over a seven-month mine life, owner Intermin Resources said. The oxide and transitional material project will require a capital investment of around A$530 000, while all-in sustaining costs have been estimated at A$1 081/oz, and free cash has been estimated at A$7.6-million over the project life.