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Monarch Gold Corporation T.MQR

Monarch Gold Corp is a Canada-based exploration-stage company. It is engaged in the acquisition and exploration of gold mining properties. Its main activities are located in the province of Quebec, Canada. The corporation holds an interest in gold properties including the Beaufor Mine, Camflo Mill, Croinor Property, Beacon Mill, Wasamac, and McKenzie Break among others.


TSX:MQR - Post by User

Post by factRbeston Apr 23, 2019 8:45am
107 Views
Post# 29658202

Geosan0 - One RIC tidbit for Wesamac

Geosan0 - One RIC tidbit for Wesamac

COSTS
• Net Life of Mine capital totals C$681 million, including the capitalized net preproduction
revenue.
• Net pre-production capital requirements total C$503 million.
• Average operating cost over the mine life is C$46.15 per tonne milled.
The economic analysis shows that at a long-term gold price of US$1,300/oz Au, the
Project has a pre-tax Net Present Value (NPV) at an 8% discount rate of negative $32
million. Total pre-tax undiscounted cash flow is C$405 million.
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