Post by
idlefreebird on Aug 07, 2022 2:36pm
once project gets approval..money to be made
Key PFS highlights include:
- US$1.5 billion pre-tax NPV5% at US$1,600/oz gold, increasing to US$1.9 billion at US$1,800/oz
- US$995 million after-tax NPV5% at US$1,600/oz gold, increasing to US$1.3 billion at US$1,800/oz
- 36.4% pre-tax IRR; 29.4% after-tax IRR at US$1600/oz gold
- Life of mine (“LOM”) of 11.3 years, with primary mining and processing during the first 9 years and processing lower grade stockpiles for the balance of the mine life
- After-tax payback of 2.4 years
- Declaration of Reserves: Proven and Probable Reserves of 3.8 Moz Au, 20.5 Moz Ag (121.6 MT at 0.97 g/t Au, 5.23 g/t Ag)
- LOM Metal Recovered 3.2 Moz Au, 18.1 Moz Ag; 3.0 Moz Au, 16.1 Moz Ag (Year 1 to 9)
- Initial capital costs estimated at US$718 million; Sustaining capital at US$55 million; plus another $29 million in closure costs
- Annual payable gold production of 335 koz (Year 1 to 9); 287 koz (LOM)
- Low strip ratio of 2.22 to 1 (Year 1 to 9); 2.36 to 1 (LOM)
- Head grade of 1.12 g/t Au and 5.7 g/t Ag (Year 1 to 9); 0.97 g/t Au and 5.2 g/t Ag (LOM)
- Recoveries of 87% for gold and 90% for silver (Year 1 to 9); 86% for gold and 90% for silver (LOM)
- Total cash operating cost of US$558/oz (Year 1 to 9); US$618/oz (LOM)
- AISC of US$577/oz (Year 1 to 9); AISC US$645 (LOM)
Be the first to comment on this post