other material
confidence high
sentiment positive
materiality 0.80
Gold Resource reports Back Forty IA: $214M after-tax NPV, 25.7% IRR
GOLD RESOURCE CORP
- After-tax NPV6 of $214.4M and IRR of 25.7% for Back Forty Project at base-case metal prices.
- LOM production: 504 koz gold, 6,150 koz silver, 61.6 Mlbs copper, 778 Mlbs zinc over 9 years.
- Updated MRE: 14.5M tonnes indicated at 2.21 g/t Au, 26.64 g/t Ag, 0.38% Cu, 3.35% Zn.
- Initial capital cost est. $325.1M; average operating cost $84.81/t milled.
- Project designed with dry-stack tailings, no tailings dam, reducing environmental footprint.