Project Overview
The Jervois Project is located in the Northern Territory of Australia, approximately 275 kilometres
east-northeast of Alice Springs, with established access via the Plenty Highway and site roads. The project
is being advanced as a high-grade copper operation with silver and gold by-product exposure and an expected
mine life of approximately 10 years. Based on KGL’s updated feasibility study, Jervois is expected to
produce approximately 30,000 tonnes of contained copper annually in saleable concentrate, together with
payable silver and gold credits.
Since acquiring the project in 2011, KGL has substantially de-risked Jervois through extensive drilling,
metallurgical testwork, engineering studies, permitting, and feasibility work, and now financing all while
continuing to grow and refine the project’s Reserves and Resources.
Jervois is a structurally controlled polymetallic copper system comprising the Reward, Bellbird, and Rockface
deposits. The continuous mineralisation along the fold highlights extensive resource potential for both open
pit and underground mining methods. Mineralisation is characterized by high-grade copper with associated
silver and gold, and remains open to further exploration along the broader mineralised corridor,
highlighting additional upside beyond the current mine plan.
With key approvals in place and feasibility work updated in 2025, the project is advancing toward development
through a staged funding and construction plan, with construction targeted for 2026 and first copper
production targeted for 2027.
Stream Details
| Date of Contract |
31-Mar-26 |
| Terms |
Life of Mine |
| Stream |
Gold Stream: 75% of the payable gold until 45 Koz, 37.5% until an
additional 15 Koz, 25% of the payable gold for the life of mine.
Silver Stream: 75% of
the payable silver until 4.3 Moz, 37.5% until an additional 1.7 Moz, 25% of the payable
silver for the life of mine. |
| Upfront Consideration |
$275M |
| Per Unit Production Payment |
20% of the spot price of gold |
For more information on the Jervois Project, please visit: kglresources.com.au(opens in new
tab)