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About Calidus Resources Limited

Calidus Resources Ltd (ASX:CAI) is an Western Australian gold developer that owns 100% of the 1.5 million ounce Warrawoona Gold Project located in the East Pilbara district of the Pilbara Goldfield.

Calidus’ Feasibility Study completed in September 2020 outlined a high-margin gold operation with average gold production of 90,000oz per annum at $1,290/oz AISC over an initial 8-year mine life via a 2Mtpa conventional CIL processing circuit.

A scoping study completed in March 2021 to incorporate the acquired Blue Spec project demonstrated ability to expand production to 130,000oz per annum through operational cashflows.

Construction at Warrawoona is well advanced, with gold production scheduled for Q3 CY2021.

  • A$9.0 million
    Institutional Placement – July 2019
    Joint Lead Manager
  • A$2.16 million
    Strategic Placement to Alkane Resources – April 2019
    Corporate Advisor
  • A$3.7 million
    Strategic Placement to Alkane Resources – October 2018
    Corporate Advisor
  • C$3.5 million
    Disposal of non-core conglomerate gold rights to Pacton Gold (TSX.V:PAC) – August 2018
    Corporate Advisor
  • A$10.0 million
    Institutional Placement – September 2017
    Corporate Advisor
  • A$6.3 million
    Joint Venture with Novo Resources (TSX:NOVO) – September 2017
    Corporate Advisor
  • A$7.9 million raised | A$14.4 million market capitalisation
    Acquisition and ASX Listing – June 2017
    Joint Lead Manager & Corporate Advisor