Located on the west coast of Tasmania, ~23km from Queenstown, the Henty Gold Mine is Kaiser Reef’s flagship operation and the engine of the Company’s free cash flow generation. An established underground mine with over 30 years of production history and more than 1.4 million historical ounces at an average grade of 8.9g/t, Henty is backed by more than $100 million in established infrastructure.
Operating a 300–400ktpa conventional CIL plant — with throughput debottlenecking underway — and targeting a production run rate of ~30,000oz/yr, Henty is generating cash at the best gold price in a generation.
| JORC Resource |
|---|
|
4.1Mt @ 3.3g/t Au for 438koz |
| JORC Reserve |
|---|
|
1.9Mt @ 3.3g/t Au for 199koz |
As at 15 July 2025
Location: West Coast, Tasmania, Australia
Ownership: 100%
Tenement Package: 3 Mining Leases and 2 Exploration Leases covering 81km2, with all regulatory approvals in place
Historical Production: Over 1.4Moz Au at ~8.9g/t Au, with a proven track record of replacing mined ounces
FY25 Production: 26koz Au
Production Target: >30koz Au
Mine Life: +6 years on current Ore Reserves, targeting 30koz pa production rate
Key Infrastructure: 300-400ktpa conventional CIL plant (throughput debottlenecking underway)
Regional Infrastructure: Established mining region with sealed roads to nearby towns (Rosebery 10km, Zeehan 19km, Queenstown 23km) and 22kV grid power
Exploration Upside: Clear opportunities in-mine (Cradle Zone, Darwin South), near-mine, and regionally (mineralised corridor with old workings like Tyndall Copper Mine, Lake Newton Alteration Zone)
Unhedged: Fully unhedged — 100% gold price exposure at spot
Reserve growth: 30% Ore Reserve growth since Kaiser acquisition
