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Saulyak Mine

Saulyak is an underground gold mine located in Ukraine. Commercial production to start in February 2020.

2020 Outlook

Saulyak is expected to mine and process 700,000 tonnes of ore at an average grade 6.2 grams per tonne gold, producing around 120,0000 ounces of gold, at operating costs £400 per ounce.

Location

Carpathian Mountains

Mine type

Underground

Economic lifetime

5 years (JORC reserves)

License number

5258

Ownership

100% of Saulyak LLC

Metals mined

Gold

Expected lifetime

16 years