Cavalier Resources (ASX:CVR) has commenced a 5,000 metre extensional drilling program at its Crawford Gold Project in WA, aiming to grow resources beyond the Stage 1 starter pit and strengthen future mine plans.
Cavalier Resources revised PFS for its Crawford Gold Project reveals a rapid-payback, high-margin operation with a 580% IRR, underpinned by strong heap leach recoveries and substantial upside beyond the initial oxide pit.
Cavalier Resources US$11 million streaming deal with Raptor Capital positions the Crawford Gold Project for production without shareholder dilution, leveraging record gold prices for strong potential returns.
With all required approvals now submitted and financing discussions advancing, Cavalier Resources is positioning itself to capitalise on record gold prices as it moves closer to production at the Crawford Gold Project.”
Cavalier Resources has uncovered high-grade titanium at Ella’s Rock, with promising multi-commodity potential including lithium, caesium, and tantalum, positioning the project as a significant player in Western Australia’s critical minerals landscape.
Cavalier Resources (ASX:CVR) is set to capitalise on the rising gold market, with its Crawford Project in Leonora poised for significant growth as gold continues to offer stability in uncertain economic times