Aquilo Gold Enters Tender for Mt Kasi Gold Project

On Friday 14th August, Aquilo Gold lodged its tender package for the Fiji Government Mineral Resources Department (MRD) Mt Kasi Gold Project Tender.

The Aquilo Gold team has made a bid which complies with the required exploration programme components, and added our intention to commence Gold production from Mt Kasi by mid-2022, subject to studies and the issuance of the necessary licences.

This is possible due to the extensive studies already conducted on Mt Kasi by Aquilo Gold over the last 12 months. Aquilo Gold acquired a unique drilling database containing over 7 years of drill data history, and has completed initial engineering of the requirements to restore Mt Kasi to operating condition for the mine, plant and infrastructure. We have a plan to conduct necessary exploration and metallurgical testing, complete a feasibility study and be in production as quickly as possible, should the necessary licences be granted to Aquilo Gold.

Tender evaluation will be conducted by the MRD over the next 60 days.