Acquisition of Bardoc Gold Limited

St Barbara completed the acquisition of Bardoc Gold Limited via a Scheme of Arrangement on 13 April 2022.

The acquisition accelerates the delivery of our Leonora Province Plan and unlocks the value in the region. With the additional ore and upgrades to the Leonora Processing Plant, we are now positioned as a significant processing hub in the Western Australian goldfields.

About the Bardoc Gold Project

The Bardoc Gold Project, located 40km north of Kalgoorlie in the Eastern Goldfields, hosts a Total Mineral Resource Estimate of 3.07Moz of contained gold. The project is made up of a number of deposits including the advanced Zoroastrian and Aphrodite underground deposits as well as Excelsior, Aphrodite, Bulletin South, El Dorado, Mayday / North Kanowna Star and Mulwarrie.

Along with planned projects, the Bardoc Gold Project contains a large tenement package located approximately 180km south of Leonora. Due to the proximity to road and rail infrastructure, the deposits are expected to become additional ore sources to support filling the mill and the expansion of the Leonora Processing Plant to 2.1Mtpa and adding the capability to process refractory, as well as free-milling ore.

We anticipate the first ore from the Zoroastrian mine to be delivered to the Leonora Operations in Q1 FY24, followed by first ore from Aphrodite mine in the first half of FY25.