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Venus Metals Corporation Limited (ASX:VMC) Substantial 39% Increase to Youanmi Gold Resource to 1.7Moz Au abnnewswire.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from abnnewswire.net Daily Mail and Mail on Sunday newspapers.
Treasury Metals Announces Positive Preliminary Economic Assessment for Goliath Gold Complex News provided by Share this article $477 Million pre-tax NPV 5%; pre-tax IRR OF 37.3% (post-tax $328 Million and 30.2%) at US$1,600 per ounce gold TSX: TML OTCQX: TSRMF Highlights (all currencies are reported in Canadian dollars unless otherwise specified): LOW CAPITAL INTENSITY PROJECT WITH PRE-PRODUCTION CAPITAL COST OF $233 MILLION AND PRE-TAX PAYBACK PERIOD OF LESS THAN 2 YEARS ROBUST ECONOMICS WITH POST-TAX $328 MILLION NPV 5%; IRR OF 30.2%; AT US$1,600 PER OUNCE GOLD MINE LIFE OF 13 YEARS, WITH AVERAGE ANNUAL GOLD PRODUCTION DURING FIRST 9 YEARS OF 102,000 OUNCES AND TOTAL LOM RECOVERED GOLD OF ~1.1 MILLION OUNCES WORLD-CLASS INFRASTRUCTURE INCLUDES EXISTING HYDRO POWER, NATURAL GAS AND CP RAIL LINES PLUS TRANS-CANADA HIGHWAY ....