Morila Gold Mine

Firefinch has an 80% interest in the Morila Gold Mine.  The Morila Gold Mine is one the world’s great open pit gold mines, having produced over 7.5Moz of gold since 2000 at grades that were among the highest in the world, earning it the moniker “Morila the Gorilla”.

Firefinch acquired Morila for just US$28.9m in late 2020 with the strategic intent to rapidly increase production; initially targeting 70-90kozpa of gold from a combination of satellite pits, stocks and tailings, and thereafter growing production to 150-200kozpa of gold by mining the Morila Superpit. Morila’s current Global Resource is 2.43 million ounces of gold.

Exploration is a major focus at Morila, with multiple high-priority targets on the 685km2 of surrounding tenure.

Morila Super Pit signals a return to its high-grade heyday delivering 10.5 metres at 30.4g/t gold from the first diamond hole (MRD0001).

KEY ADVANTAGES

20 years of continuous gold production plus all infrastructure required of remote mine provides confidence in the asset.

A three dimensional model of the Morila Gold Mine is available for viewing on the Inventum3D site…
View 3D Model of the Morila Mine
Mineral Resource Table

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