Australia Banking Times
SEE OTHER BRANDS

Your best source on finance and banking news from Australia

Flagship Minerals Ltd (FLG.AX) Corporate Presentation

Sydney, April 22, 2025 AEST (ABN Newswire) - Flagship Minerals Ltd (googlechartASX:FLG) is positioning for a lower cost fast track to free cash flow with Pantanillo, an advanced oxide gold project with scale potential.

Flagship will achieve this focusing on oxide gold (and copper) i.e. heap leachable mineralisation:

- Heap leaching is relatively simple and is a major source of gold, silver and copper.

- The advantage is the reduction or removal of crushing, and the removal of the grinding and flotation circuits, which means lower Capex and lower Opex.

- Industry studies show that these items, with accompanying filtration and thickening, can account for up to 70% of the AISC.

Rio2's Fenix gold project is a dump leach, i.e. no crushing, therefore ROM to leach pad:

- With a reserve grade of 0.48g/t Au and recoveries of 75%, Rio2 achieves an AISC of US$1,237 operating at 4,900m altitude.

*To view the Presentation, please visit:
https://abnnewswire.net/lnk/8AU3EO4W

About Flagship Minerals Ltd

Flagship Minerals ASX:FLGFlagship Minerals Ltd's (ASX:FLG) strategy is to secure and develop projects which it believes will position the Company as a low-cost producer of Copper and Lithium, metals that matter. Specifically, Flagship Minerals seeks to secure low capital intensity projects in low-cost jurisdictions and infrastructure rich settings, projects which are positioned for high margin outcomes, and projects which are proximal to industry, chemical processing, and manufacturing.

https://x.com/flagshipmineral https://www.youtube.com/channel/UC9ytHZD-eDAp4OCu49u0FpA https://www.linkedin.com/company/flagshipminerals/posts/?feedView=all abnnewswire.com 



Related Companies

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Share us

on your social networks:
AGPs

Get the latest news on this topic.

SIGN UP FOR FREE TODAY

No Thanks

By signing to this email alert, you
agree to our Terms of Service