Geologix Explorations Inc GIXEF

Repost... Tepal has world-class economics....

[kkkrrrr]

THIS DEPOSIT WILL BE DEVELOPED ... this marketcap of 5 million usd is absolutely laughable...  sooner or later someone will aquire GIX or a change of management will spur develeopement...     OR  D.Graig gets a deal... i'am still full of hope ;)


https://www.geologix.ca/s/Tepal.asp

In March 2013, the Company announced the positive results of a Pre-Feasibility Study ("PFS") prepared by JDS Energy & Mining Inc. The results were based on the March 2012 Micon resource report.

A link to the full March 2013 Tepal PFS report is provided on the website home page.

Significant highlights of the March 2013 PFS and mine plan include:

• The Project's estimated post-tax NPV, at a 5% discount, is $421 million with an IRR of 28%.
• The Project's estimated pre-tax NPV, at a 0% discount, is $925 million with an IRR of 36%
• The Project's estimated payback period is 2.7 years pre-tax and 3.2 years post-tax.
• Pre-production capital costs for the Project are estimated to be $354 million.
• The Project is expected to produce an average of 117,000 ounces of gold and 49 million pounds of copper annually over its initial seven years of operation.
• The Project has an estimated mine life of 11.5 years, and an average milling rate of 38,700 tonnes per day.
• Life of mine all-in sustaining cash costs of production, net of by-product credits, as per World Gold Council Standards are estimated to be $290/oz. for gold or $0.89/lb. for copper