Capricorn Metals achieved robust FY24 gold production of 113,007 ounces from its Karlawinda Gold Project, aligning with the guidance range of 112,000-115,000 ounces.

In the June quarter alone, 26,835 ounces of gold were produced, reflecting consistent performance.

The company continues to enhance material movement from the Bibra open pit to optimise future mining schedules.

For FY25, Capricorn targets production between 110,000 and 120,000 ounces. Capricorn also progressed development at the Mount Gibson Gold Project, focusing on a $7.8 million investment in a 400-room accommodation village.