SolGold announces PEA results for Alpala

LSE- and TSX-listed SolGold on Monday published the results of a preliminary economic assessment (PEA) for the Alpala copper/gold/silver deposit at the Cascabel project, in northern Ecuador. The study estimated a “low” start-up capital expenditure of $2.4-billion to $2.8-billion and a “high” net present value range of $4.1-billion to $4.5-billion, at an 8% discount, which the company said signified “outstanding financial metrics” for a project of its.