---
title: "CMM: Mt Gibson Gold Project Ore Reserves rise 34%, supporting 19-year low-cost production"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293940250.md"
description: "The updated pre-feasibility study for the Mt Gibson Gold Project shows a 34% increase in Ore Reserves and a 20% increase in Mineral Resources, supporting a 19-year mine life and ramping up gold production to 260,000 ounces per annum by year three. The project is fully funded, with robust economics and permitting well advanced.Original document: Capricorn Metals Ltd [CMM] Press release — Jul. 27 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source."
datetime: "2026-07-27T13:24:21.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293940250.md)
  - [en](https://longbridge.com/en/news/293940250.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293940250.md)
generator: "portal-rs"
---

# CMM: Mt Gibson Gold Project Ore Reserves rise 34%, supporting 19-year low-cost production

The updated pre-feasibility study for the Mt Gibson Gold Project shows a 34% increase in Ore Reserves and a 20% increase in Mineral Resources, supporting a 19-year mine life and ramping up gold production to 260,000 ounces per annum by year three. The project is fully funded, with robust economics and permitting well advanced.

Original document: Capricorn Metals Ltd \[CMM\] Press release — Jul. 27 2026

**Disclaimer**

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**