Neuer Gold- und Silberstern?

PEA Results for Combined North Bullfrog and Mother Lode Deposits, Nevada

Highlights:

• 2.54M recoverable ounces gold & 3.5M recoverable ounces silver using base case $1,250 gold price
  
• First 4 years of commercial production averaging 347,100 ounces of gold per year at cash costs of $591/oz Aueq with LOM cash costs of $680/oz Aueq
  
• Pre-tax Cash Flow: $970M; IRR 45% with Post-tax NPV^5%: $586M; IRR 38%
• Initial Capex of $424M with $60M of LOM sustaining capital & a 2.1-year payback
  
• The majority of PEA resource are measured and indicated with a 1.08-1 overall strip ratio
• Ongoing exploration work is underway with the intention of expanding the deposits with potential for other new discoveries across the Corvus Gold land package
  

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