Estimated All-In Gold Equivalent Cost Per Ounce ~$1,325.Using 404 permit application mine plan “resource”, $3-5 billion to construct, ~$1 billion sunk cost with high annual operating cost; estimated all-in gold equivalent cost at $1,325 USD per ounce (includes copper and moly credit).
20-year mine life (14-years mining). 6.7 billion pounds Cu, 353 million pounds Mo, and 11 million ounces of Au in the measured & indicated category including inferred. 0.3% Cu; 3 grams per ton Au, 158 ppm Mo.
Assumptions: fuel costs remain at current levels, 100% mining head grade and processing recovery, perputual water treatment cost not included.
2019 feasibility study. 2027/2028 production.