StockTake: Alice Queen ramps up Horn Island plans amid gold price surge

Host Tylah Tully unpacks Alice Queen’s (ASX:AQX) latest, after it announced plans to update the scoping study for its Horn Island project to reflect the recent surge in gold prices.

Alice Queen’s 2021 scoping study used a gold price of A$2,450 oz an ounce, but prices have risen to around A$6,000 an ounce, a 150% increase. 

That’s got Alice Queen updating its Scoping Study to reflect current gold prices as well as revised Mineral Resource Estimates, and updated assumptions on mining, processing, infrastructure, and costs.

Watch the video for more.

This video was developed in collaboration with Alice Queen, a Stockhead client at the time of publishing.

The interviews and discussions in this video are opinions only and not financial or investment advice. Viewers should obtain independent advice based on their own circumstances before making any financial decisions.