8 septembre 2020
O3 Mining CEO, Jose Vizquerra announces the results of O3 Mining’s PEA on its Marban project.
Highlights include:
* After-tax NPV (discount rate 5%) of C$423M
* IRR of 25.2%
* Initial CAPEX of $256M
* Average annual gold production of 115,000 oz
* Life of mine of 15.2 years
* PEA base case gold price of US$1,450/oz
What a year it has been! I want to personally thank you for supporting O3 Mining throughout this unprecedented time. At O3 Mining we experienced a year of tremendous growth as our exploration campaigns surpassed all expectations and we invested significant capital into our projects.
What a year it has been! I want to personally thank you for supporting O3 Mining throughout this unprecedented time. At O3 Mining we experienced a year of tremendous growth as our exploration campaigns surpassed all expectations and we invested significant capital into our projects.