Vault Minerals Forecasts Higher Consolidated Gold Production Through Fiscal Year 2028

MT Newswires Live09-22

Vault Minerals (ASX:VAU) said that its gold production for fiscal year 2026 is forecast to be between 332,000 ounces and 360,000 ounces at an all-in sustaining cost of AU$2,650 per ounce to AU$2,850 per ounce, with higher consolidated gold production expected for fiscal year 2027 and fiscal year 2028, according to a Monday Australian bourse filing.

It anticipates consolidated gold production of between 360,000 ounces and 390,000 ounces in fiscal year 2027, as well as 370,000 ounces and 400,000 ounces in fiscal year 2028. The fiscal year 2028 production outlook range includes a combination of around 86% ore reserves and around 14% inferred resources.

The forecast higher consolidated gold production is due to increased plant capacity at its Leonora operations in Western Australia and the restart of production at the Sugar Zone gold project in Canada in fiscal year 2028.

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