Mincor approves A$2.2m WA gold project

The board of ASX-listed Mincor has approved the A$2.2-million development of the Widgiemooltha gold project, in Western Australia, following the completion of an enhanced feasibility study. The project is expected to recover 71 700 oz of gold over an initial two-and-a-half year mine life, with C1 cash of A$981/oz and an all-in sustaining cost of A$1 133/oz.