Troilus Gold Reaches Another Important Milestone On The Way To Gold Production
Summary
The Troilus Gold project should reach an average annual gold production of 246,000 toz gold over the first 14 years.
The life of mine (22 years) average AISC is estimated at $1,051/toz gold.
The initial CAPEX is projected at $333 million.
At a gold price of $1,350/toz, the after-tax NPV (5%) equals $419 million, and at a gold price of $1,950/toz, it equals over $1.15 billion.
Significant exploration potential remains, and the economics of the project may be further improved in the PFS and FS.
seekingalpha.com/article/...lestone-on-way-to-gold-production