Millennium Minerals is a gold producer focused on the Nullagine Gold Project in the East Pilbara, Western Australia. Millennium produces ~80-85kozpa at AISC of A$1,180/oz-1,220/oz. Millennium is debt free and currently generates strong free cashflow.
The free cashflow allows Millennium to fund an extensive exploration campaign to grow its reserves. Millennium’s exploration is delivering strong success with recent near mine drilling along with high grade results from deeper drilling. These high-grade deeper results provide increasing evidence that the Nullagine project will be mined for well beyond the current minelife.
Millennium is listed on the Australian Securities Exchange (ASX code: MOY).