Capricorn Metals Ltd is an Australian based gold exploration and development company headquartered in Perth, Western Australia. The Company’s operates out of two distinct project areas in Western Australia.

The Karlawinda Gold Project (KGP) is located 65 kilometres south-east of Newman in the Pilbara region of Western Australia. The KGP commenced operations in the June 2021 quarter on time and on budget. Since that time the project has consistently met production and cost guidance producing 120,000 ounces in FY2023 at AISC’s of A$1,208 per ounce. In FY2024 the KGP has consolidated its reputation as one of Australia’s lowest cost projects, producing over 60,000 ounces of gold at AISC’s of A$1,324 per ounce for the first 6 months of the financial year which puts it on track to achieve annual guidance of 115,000 – 125,000 ounces of gold at AISC of A$1,270 - $1,370 per ounce.