en.Wedoany.com Reported - Ariana Resources has completed a revised pre-feasibility study for the Dokwe gold project in Zimbabwe, outlining a long-life, low-capital-cost, and high-profit development prospect. Dr. Kerim Sener, Managing Director of the company, stated that the updated pre-feasibility study envisions a project life of 20 years, including an initial 12-year open-pit mining and processing phase followed by an 8-year stockpile processing phase. The project is expected to produce an average of approximately 80,000 ounces of gold per year over the mine life, with peak production reaching 100,000 ounces per year.

The revised pre-feasibility study shows that ore reserves at Dokwe North have increased by approximately 42% to 1.13 million ounces of gold, while the broader mineral resource estimate for Dokwe North and Dokwe Central has risen to 1.6 million ounces. Dr. Sener emphasized that at a gold price of $4,250 per ounce, the project's pre-tax net present value (NPV10) is slightly above $1 billion, with an after-tax NPV of $740 million. Pre-production capital expenditure is estimated at a relatively low $164 million, with payback expected approximately one year after production begins.

Dr. Sener also discussed Ariana's technology-driven exploration approach, the company's historically low discovery costs, Zimbabwe's geological potential, and the upcoming definitive feasibility study, which is expected to be delivered in the first quarter of 2027.

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