Golden Star Announces Filing of Feasibility Study for Wassa Mine:
www.gsr.com/investors/news/news-details/...udy-for-Wassa-Mine/
the highlights of which are as follows:
-Internal rate of return of 83% estimated for the Wassa Mine at $1,200 per ounce gold price
-Net present value, assuming a 5% discount rate , of $176 million estimated for Wassa Mine, at $1,200 per ounce gold price
-Pre-production incremental capital expenditure for Wassa Underground estimated at $39 million
-First production from Wassa Underground expected early 2016 and estimated to continue into 2024
-LOM cash operating cost of $780 per ounce and all-in sustaining costs of $938 per ounce estimated for combined Wassa operation
-Payback at $1,200 per ounce gold price of 3.25 years