As Spot Gold Silver and Copper climbs the numbers ...just look better and better....would be nice to load up prior to their debt financing announcenment, the Gold sector is starting to see some interest!
(CSE: TRG)
Press Release Highlights:
- Projected average annual gold production of 16,000oz + copper concentrate
- Cash operating costs of $648/oz and AISC of $705/oz Au, net of copper and silver by-product credit.
- Pre-tax IRR of 120% and post-tax IRR of 85% at $1600/oz Au.
- Pre-tax annual free cash flow of $15.3M USD ($19.3M CAD) in peak years
VANCOUVER, BC, Dec. 13, 2021 /CNW/ - Tarachi Gold Corp. (CSE: TRG) (OTCQB: TRGGF) (Frankfurt: 4RZ) ("Tarachi" or the "Company") is pleased to announce the results of the Preliminary Economic Assessment ("PEA") for the Company's Magistral Mill and Tailings Project ("Magistral" or the "Magistral Project") in Durango, Mexico.
Preliminary Economic Assessment Metrics:
- Initial capital costs of $11.1M USD and after-tax payback in 1.0 years
- Development timeline of 12 months
- Cash operating costs of $648/oz and AISC of $705/oz Au, net of copper and silver credits
- Pre-tax IRR of 120% and after-tax IRR of 85% at base case prices of $1600/oz gold, $22/oz silver, and $3.40/lb copper
- DYODD