other material
confidence high
sentiment positive
materiality 0.85
Lion Copper and Gold PFS for Yerington Project shows $694M post-tax NPV, 14.6% IRR
LION COPPER & GOLD CORP.
- Post-tax NPV(7%) of $694M, IRR 14.6%, payback 6.7 years at $4.30/lb copper base case.
- First Mineral Reserve: 506.5M tons at 0.21% CuT containing 2.14B lbs copper.
- Average annual production of 120M lbs copper cathode over 12-year mine life; peak 151M lbs in years 5-7.
- Initial capital of $724M; cash cost (C1) $1.92/lb, AISC $2.67/lb.
- Project utilizing Nuton bioleaching technology; expected 2.5-year permitting timeline with Fast-41 eligibility.