HIGHLIGHTS
- Feasibility studies confirm a technically feasible and
economically robust project with an ungeared IRR of 37%
and NPV (at 7.5% realdiscount rate) of US$24.9m
- Gold production forecast to be 85,000 ounces over an 8
year mine life with initial capex of US$20m and cash costs
of US$790/oz
- Total revenues of US$137m and net pre-tax post-royalty
cash flow of US$48m based on gold at US$1550/oz over
the mine life
- Life of mine average head grade of 2.61% and recoveries
of 90%MORE
LUIRI GOLD LIMITED (LGM)
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