- Kingwest Resources (KWR) has completed a scoping study for the Menzies Gold Project (MGP), which is located in the Goldfields region of WA
- The scoping study outlines a project life of 31 months and production of 3.15 million tonnes at 1.7g/t gold for 174,700 contained ounces
- The Menzies project expected to generate about $330 million in net revenue at a gold price of $2300 per ounce
- The project will cost around $250.4 million with net cashflow expected to between $64 million and $95 million
- The scoping study will followed by a pre-feasibility study
- Kingwest is down 8 per cent and shares are trading at 11.5 cents
