Leonora comprises the KOTH open pit and underground mines, Darlot underground mine, satellite deposits, stockpiles and the central KOTH processing facility. FY27 infill drilling targets KOTH underground extensions; an approximately A$9 million Darlot ventilation upgrade is planned to support access to the Lords Felsics area. The KOTH plant upgrade to 7.5 Mtpa and associated infrastructure is planned for completion in Q2 FY2027. KOTH and the Cerebus-Eclipse, Centauri and Rainbow satellite tenements carry a 1.5% third-party royalty in addition to the 2.5% WA gold royalty; specified KOTH leases are mortgaged to CBA. M37/320, covering Cornucopia North and part of Waikato South, and M37/393, covering part of Waikato South, have joint-venture interests of 83.5% Vault, 0.5% Larry Baker and 16% PanAust, with the partners free carried until a mining proposal is lodged. Mission and Cable are on E37/1220 held by Andrew George Paterson, with Darlot Mining Company holding an option and sublease over 13 blocks to convert tenure to mining leases and obtain a 100% transfer.
- Country
- Australia
- Commodity
- Au
- Stage
- Production