Sorby Hills, WA
Boab Metals Limited (BML) | Project delivery plan and Ore Reserve update | Released 29 Sep 2026
Mine life
10.5 years
Mine life, base case
Strip ratio
7.5
Waste:ore t:t, production target
NPV
A$1.06 billion
Pre-tax, 8%, base case
Capex
A$262 million
Total project capex
Inferred share: Inferred 16%
Figures are as the company states them, in its currency and on its basis. "Not disclosed" means the release doesn't state the figure.
Planning inputs
Inferred 16% | Inter-ramp 23.2° to 57.9°, batter 30° to 80° by material | NSR cut-off A$40 | Ore Reserve by ERM; geotechnical design by Entech
Also in the release
Post-tax NPV8 of A$330 million on the Ore Reserve alone. A$205 million of capex remains. C1 cash cost US$2.8/oz payable Ag. Construction is under way.
Read the release on the company's siteSee it in The Study Sheet, October 2026
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