from the CC.... Sabodala is going to be a key component of our company's organic growth, as it will help fund both Banfora and future projects beyond that. So we're very pleased with our flagship operation. As we've indicated, the goal was to complete a feasibility study for Banfora and move that into construction, and we've done that. And we expect the Banfora numbers to improve with the completion of this infill drill program. And we expect once we announce the updated reserve numbers by mid-next year, the IRR is going to improve materially. And it's only getting started, as we've got a number of targets around the proposed process plant that we'll be evaluating.
On the exploration front, things have moved forward even quicker than we had ever anticipated. We acquired Gryphon Minerals. We like the Golden Hill property. It is better than we ever expected. We gained access to that property in Q4 of last year. We started drilling in Q1 and we've now increased the spend twice through the course of this year. We will have another update in the coming weeks. And again, we continue to get high-grade, near-surface results. It's going to be a multi-pit type of operation. And we expect to have maiden resources on a number of those deposits next year. So we're really thrilled at how quickly that's moving forward. We do believe there's an opportunity for that to be our third mine, and potentially take us to half a million ounces.