North Shore Uranium Ltd NSU

Primary Symbol: V.NSU

Energy

North Shore Uranium Ltd. is a Canada-based company, which is engaged in the exploration for uranium deposits at the eastern margin of Saskatchewan’s Athabasca Basin. The Company conducts its exploration programs on its two properties, the Falcon Property and the West Bear Property. The Falcon Property is located approximately 35-kilometer (km) east of the former Key Lake Mine and the active Key Lake uranium mill which processes ore from the McCarthur River Mine. The West Bear property consists of five mineral claims totaling 4,511 hectares located at the eastern edge of the Athabasca Basin which hosts two producing uranium mines.

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North Shore Uranium Ltd > what we need for a higher SP? it's really simple...

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Comment by kkkrrron Sep 07, 2017 5:28am

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Post# 26664959

RE:what we need for a higher SP? it's really simple...

UPPER ZONE

Cukaru Peki PEA Summary

Base Case Project Highlights

Project post-tax NPV8 of US$1,552 m and IRR of 106%.
DSO only processing rate of 0.6 Mtpa for 3.5 years resulting in total production of 248 kt Cu and 649 koz Au. Phase 2 Main Mine processing rate of 2 Mtpa resulting in an additional total production of 507 kt Cu and 184 koz Au (mine gate figures).
Pre-production capital of US$213m for Phase 1 starter DSO mine.
The following capital would be funded from operation cash flow: Phase 2, 1 Mtpa flotation start up capital of US$78m, further sustaining capital of US$149m to increase and maintain production of 2Mtpa (including contingencies at 25%).
Total average LoM Total Allocated Costs of US$0.97/lb Cu.
DSO material of 1.91 Mt, mined at an average grade of 13.0% Cu and 10.6g/t Au and Phase 2 Main Mine material mined at average grade of 4.6% Cu and 2.9 g/t Au.
Base case commodity assumptions of US$1,200/oz Au and US$3.00/lb Cu.