Clean Air Metals Inc. s (CVE:AIR) (OTCMKTS:CLRMF) (FRA:CKU) flagship asset is the 100% owned, high grade Thunder Bay North Project, a platinum, palladium, copper, nickel project located near the City of Thunder Bay, Ontario and the Lac des Iles Mine owned by Impala Platinum. The Thunder Bay North Project hosts the twin magma conduit bodies which host the Current and Escape deposits forming the basis for a robust preliminary economic assessment (PEA) filed January 12, 2022. The PEA of a ramp access underground mine and on-site 3600 tpd milling complex and the 2-year trailing average price deck delivers an NPV5 NAV of $425m in fully discounted cash flows, a pre-tax IRR of 31% and a post-tax IRR of 25% on initial capital of $367 million.
Clean Air Metals' Abraham Drost on Thunder Bay's North Critical Minerals Project investorintel.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investorintel.com Daily Mail and Mail on Sunday newspapers.
/PRNewswire/ - Clean Air Metals Inc. ("Clean Air Metals" or the "Company") (TSXV: AIR) (OTCQB: CLRMF) (FRA: CKU) is pleased to announce that Sudbury and.