Capricorn Metals Ltd (OTCMKTS: CRNLF) is an Australian gold exploration and production company with a focus on advancing its flagship project in Western Australia. The company’s primary business activities encompass the development, extraction and processing of gold from open‐pit mines, along with ongoing exploration for new mineral deposits. Capricorn seeks to leverage state‐of‐the‐art mining and processing technologies to optimize recovery rates and maintain operational efficiency across its assets.
The cornerstone of Capricorn’s portfolio is the Karlawinda Gold Project, located in the Pilbara region of Western Australia. This project comprises multiple open‐pit deposits feeding a dedicated processing facility, which began commissioning in 2021. The company holds tenure over additional exploration licences in the vicinity, where it is conducting resource conversion and extensional drilling programs aimed at sustaining and growing mine life. Capricorn also evaluates early‐stage prospects elsewhere in the state to diversify its development pipeline.
Since listing on the Australian Securities Exchange in December 2017, Capricorn has transitioned from explorer to producer, marking significant milestones such as its first gold pour in the third quarter of 2021. The company is headquartered in West Perth and maintains a disciplined approach to environmental management, stakeholder engagement and community partnerships, including collaborations with Traditional Owner groups in the Pilbara.
Capricorn’s leadership team is led by Managing Director and Chief Executive Officer Mark Clark, supported by Non-Executive Chairman Tony Casselden. The board and executive group bring extensive experience in mine development, finance and corporate governance, driving the company’s objective of building a sustainable, mid-tier gold producer while adhering to industry best practices in safety and social responsibility.
AI Generated. May Contain Errors.