Victoria Gold V.VIT, a bargain when compared to PDIn the Yukon, constructon ready with aboriginal agreement, grid power, permit ready, $50 million working capital.
Feasibility Study Snap Shot
A Robust Project
• Resources: 4.8 M indicated oz Au (including Reserves) 1.5 M inferred oz Au
• Reserves: 2.3 M oz Au
• Open pit, valley leach, gold recovery plant
• Construction & working Capital - C$430 M
• Production: 212,000 oz Au/yr at US$542/oz in first 5 yrs 192,000 oz Au/yr at US$614/oz life of mine
• Economics: $381 M NPV 5%, pre-tax and 24% IRR at US$1,325/oz
$1,227 M NPV 5%, pre-tax and 52% IRR at US$2,000/oz
• Payback Period: 3 years at US$1325/oz
Read more at https://www.stockhouse.com/bullboards/messagedetail.aspx?s=vit&t=LIST&m=31661418&l=0&pd=0&r=0&msg=3#mMpIQm4ritvRMuPr.99