The Cowal mine is located in Central New South Wales, Australia, approximately 32 kilometres north of West Wyalong and approximately 350 kilometres west of Sydney. Cowal is an open pit operation, mined by a fleet of dump trucks, excavators and ancillary equipment.
In 2008, Cowal produced 191,000 ounces of gold at total cash costs of $673 per ounce1. Proven and probable mineral reserves as of December 31, 2008 are estimated at 2.8 million ounces of gold2.