Key facts
| Company | OceanaGold (TSX: OGC) |
|---|---|
| Commodity | Gold |
| Location | USA |
| Stage | Production |
Mineral resource estimates
3 reported estimates, newest first. Categories are as disclosed by OceanaGold; inferred material carries the lowest confidence and cannot support a reserve.
| Category | Tonnes | Au g/t | Au oz | Ag g/t | Ag oz | Effective |
|---|---|---|---|---|---|---|
| MeasuredNI 43-101 | 3.9 Mt | 1.12 g/t | 140 koz | 1.10 g/t | 100 koz | Dec 31, 2023 |
| IndicatedNI 43-101 | 42.6 Mt | 2.08 g/t | 2.85 Moz | 2.40 g/t | 3.30 Moz | Dec 31, 2023 |
| InferredNI 43-101 | 5.3 Mt | 2.22 g/t | 380 koz | 1.00 g/t | 200 koz | Dec 31, 2023 |
How the categories differ: Inferred vs Indicated vs Measured. Compare reports over time with the Resource Growth Tracker.
Economic studies
Feasibility study
Dec 31, 2023- NPV (5%)
- US$256M
- AISC
- US$1,200/oz
- Mine life
- 12 years
- Annual production
- 192,000 oz
- Gold price assumed
- US$1,500/oz
Figures as extracted from each study, in US dollars as the studies report them. Open the report before relying on one.
News releases3 on file
OceanaGold Announces Additional High-Grade Drill Results at Haile
Drilling at the Haile Gold Mine in South Carolina, United States returned 15.5 m at 30.64 g/t Au (UGD 0121), 30.5 m at 13.86 g/t Au (UGD 0113) and 22.5 m at 13.42 g/t Au (UGD 0122) at Horseshoe Underground, and 27.9 m at 8.60 g/t Au (DDH 1313) and 27.9 m at 4.16 g/t Au (DDH 1319) at Ledbetter. Initial drilling at Clydesdale returned 14.5 m at 15.81 g/t Au, including 4.5 m at 41.6 g/t Au (DDH 1305)
Drill resultsOceanaGold Announces Ongoing Exploration Success at Haile
Drilling at the Haile Gold Mine in the United States returned 28.9 m at 18.33 g/t Au from 489.1 m at Ledbetter Phase 4 (DDH 1279) and 8.7 m at 22.30 g/t Au (DDH 1281), plus 16.1 m at 16.33 g/t Au (UGD 0082) and 24.0 m at 7.99 g/t Au (UGD 0085) at Horseshoe Underground. Initial drilling returned 7.6 m at 10.39 g/t Au at Pisces and 26.2 m at 4.11 g/t Au at Clydesdale. Haile's 2025 exploration budget
Drill resultsOceanaGold Announces New Discovery and Additional High-Grade Drill Results at Haile
A new discovery named Pisces has been made at the Haile Gold Mine in the United States, located 300 m from Horseshoe at about 550 metres below surface, with initial results of 44.2 m @ 10.9 g/t Au (DDH 1267), 9.4 m @ 44.1 g/t Au (DDH 1269) and 42.7 m @ 6.1 g/t Au (DDH 1257) from 3,437 metres in five holes, defining an exploration target of roughly 300 x 250 x 25 metres. Horseshoe definition drilli
Drill results