Cosmo Mine

JDS assessed Crocodile Gold's Australian operations in 2013, focusing on Northern Territory resources. Work included Cosmo Deeps underground resource assessment, cost and operational improvements at Cosmo Mine and Union Reefs process plant with cost-saving initiatives, Cosmo crown pillar assessment covering resources, tailings removal, mine planning and economics, and high-level review of Stawell and Fosterville operations in Victoria including Big Hill open pit PEA assessment. JDS operational improvements reduced Cosmo all-in sustaining costs from $1,600 to $1,300 per ounce.