Growth & Development
Bom Jardim: a staged pathway from current operation to expanded capability
Development is sequenced so that underground capacity, ore supply and processing capability advance together. The stages below describe intended direction and are subject to technical work, permitting, financing and diligence.
Roadmap
Development sequence
- 01
Current operation
Underground extraction, on-site processing and gold recovery in operation today, at management-reported rates.
- 02
Expanded underground access & mechanisation
Extended development, ventilation, haulage and equipment to lift sustainable extraction capability.
- 03
Additional mining fronts
Opening further working faces to diversify ore sources and stabilise feed to the plant.
- 04
Processing infrastructure
Plant, civil works and power capacity advanced toward the design target, matched to mine output.
- 05
Technical work & drilling
Structured drilling, sampling and technical studies to build independently verifiable data.
- 06
Commissioning & ramp-up
Staged commissioning of new capacity with controlled ramp-up against ore availability.
- 07
Longer-term development
Further access, infrastructure and technical definition supporting a larger long-term development pathway.
Development Outlook
Management objectives for scaling the operation
- 01
Current operations
Approximately 30 metric tonnes per day
Current underground extraction capacity
Approximately 10 kg of gold per month — management-provided current production.
- 02
Near-term development
Approximately 40 kg of gold per month
12-month management target
Dependent on expanded underground access, additional ore availability and successful execution of the development program.
- 03
2028–2029 objective
60–70 kg of gold per month
Long-term management objective
Subject to mine development, processing performance, technical work, financing and independent verification.
- 04
Longer-term scale-up
Further growth potential
Beyond the current 2028–2029 management objective
No production figure is published beyond 2029. Any further scale-up depends on future mine planning, resource definition, operating performance and independent technical validation.
Management objectives only. These figures are not guaranteed production forecasts, mineral resource statements or commitments. Achievement depends on successful execution of the development program, mine access, ore availability, processing performance, financing, technical work, permitting and independent verification.
Financing
Phase 1 structured financing under discussion
Project management is in discussion regarding a structured Phase 1 financing to support the next stage of development at Bom Jardim. No capital amount, structure or terms are published on this website. Qualified institutional parties are directed to Investor Relations, where information is shared following qualification and NDA.
- Underground development & equipment
- Additional mining fronts
- Plant, civil works & power
- Drilling & technical work
- Logistics & support infrastructure
- Working capital
Indicative use-of-proceeds categories below are illustrative only, unallocated, and subject to technical review and diligence.
Statements on this page describe development objectives. They are not production targets, forecasts, commitments or resource statements, and they require independent verification.