![]() ![]() ![]() ![]() Resource inside the pits = 42.1 million short tons of Indicated Resource 0.011 oz Au/t & 0.26 oz Ag/t, and 2.2 million short tons of Inferred Resource 0.008 oz Au/t & 0.18 oz Ag/t, both utilizing a 0.006 oz Au/t cutoff The base-case economic model (1) is summarized below in US dollars and Imperial units (some values rounded): ![]() The PEA assumes open-pit, contract mining with conventional trucks and shovels, run-of-mine leaching, and a base-case price of US$1,300 per ounce of gold and $24.42 per ounce of silver. The PEA considers only a portion of the property and mineralization contained within the North Hill deposit, the South End deposit, and previously mined "waste rock" was not included in the PEA. The base-case Internal Rate of Return (IRR) is nearly double the 2010 base- case IRR, and the number of ounces produced from near-surface oxide mineralization has increased significantly. VANCOUVER, BRITISH COLUMBIA-(Marketwire - May 1, 2012) - Bravada Gold Corporation (TSX VENTURE: BVA.V - News)(FRANKFURT: BRT.F - News) ("Bravada") reported today the results of an updated, independent Preliminary Economic Assessment (PEA) for its Wind Mountain Gold/Silver Property in Washoe County, Nevada conducted by Mine Development Associates (MDA) of Reno. ![]()
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