Crawford Maiden Ore Reserve Exceeds 29koz of Gold

Cavalier Resources reveals promising results from the PFS of the Crawford Gold Project, highlighting exceptional economic outcomes and significant growth potential.

<ul><li>The Crawford Gold Project Pre-Feasibility Study (PFS) concludes, revealing a Maiden Ore Reserve of 29,300oz of gold.</li><li>Projected pre-CAPEX undiscounted cashflow of A$24.6M at A$2,900/oz gold price, with an impressive IRR of 130%.</li><li>Project life of 18 months with a payback period within 13 months, demonstrating quick returns on investment.</li><li>Exploration continues, aiming to capitalize on the open resource upside for expanded revenue and growth.</li><li>Cavalier to proceed with permitting work and seeks strategic investment and processing partnerships.</li></ul>

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Crawford Maiden Ore Reserve Exceeds 29koz of Gold

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