According to the company’s statement, the MMP is the final major authorization required for the development of the Mt Todd mine.
President and CEO Frederick H.
The company pointed out that situated approximately 250 km southeast of Darwin, Mt Todd is the largest undeveloped gold project in Australia and, if developed as presently designed, would potentially be Australia’s fourth largest gold producer on an annual basis, with lowest tertile in-country and global all-in sustaining costs.