BTR: TSX-V $0.22 VOL: 54071
BONXF: US $0.16 VOL: 49500
SPOT GOLD $2324.16

Open Pit PEA

PEA Highlights

  • After-tax net present value (“NPV”) at a 5% discount rate of $48.3 million at US$1,600/oz gold, increasing to $94.0 million at US$1,900/oz gold (see slide titled PEA Sensitivity Analysis for more details)
  • After-tax internal rate of return (“IRR”) of 43%
  • Initial capital costs of $22.1 million
  • Sustaining life of mine (“LOM”) capital costs of $21.3 million
  • Total mill feed of 2.0 Mt at 2.36 g/t Au
  • LOM average annual gold production of 30 Koz
  • LOM strip ratio of 5.4:1
  • LOM total production of 145.1 Koz (95% mill recovery)
  • LOM cash costs of C$1,252/oz (US$939/oz)
  • LOM all-in sustaining costs (“AISC”) of C$1,420/oz (US$1,065/oz)

LOM Details

LOM CAPEX (C$ millions)



Stay up to date with our latest news