Project overview
About this development
The New Liberty gold deposit, which lies within the Bea Mountain mining licence, contains an estimated mineral resource of 751 000 oz of gold, grading 4.17 g/t, and an estimated inferred mineral resource of 762 000 oz of gold, grading 3.40 g/t. This project is situated in Liberia on the West Coast of Africa. New Liberty will be Liberia's first commercial gold mine and Aureus's first mine in its highly prospective 546km² licence area. The initial capital cost is estimated at $136 million.
Project at a glance
New Liberty Gold Project, Liberia is located in Liberia. The project is classified in the Private sector. Its current recorded stage is Complete. The recorded project value is R 200 Million+.