Capricorn’s Story

Capricorns’ board and management team have long and proven track records of reliable value creation across a number of well-regarded companies, with a repeated focus on high margin assets and shareholder returns.

The Company has two exceptional gold projects, Karlawinda and Mt Gibson, located in Western Australia, a tier 1 jurisdiction.

Karlawinda was built in less than 18 months on budget and seamlessly transitioned into full production by our development team delivering 24.3koz for an AISC of less than $1,200/oz by the end of September 2021, its first quarter of production.

Mt Gibson was acquired in 2021 and has been advanced by our exploration and development teams by completing a PFS in April 2023, which was updated in April 2024, indicating that the project is a robust, large scale, low cost mine with a large and growing Reserve of 1.83M oz’s and very strong financial outcomes.

Capricorn is well positioned today with strong and reliable cashflows from Karlawinda, and an exciting development project in Mt Gibson, underpinned by a company Reserve base of 3.3Moz’s that is still growing.