GOLD
The joint venture partner in Peak Gold have published the preliminary economic assessment (PEA) for the gold project, near Tok, Alaska, detailing the “attractive” economics of the openpit operation at a gold price of $1 250/oz.
Using the base case gold price and a silver price of $17/oz, the PEA yielded a pre-tax net present value (NPV), using a 5% discount, of $393-million and an internal rate of return of 37%.
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