Auld Creek Gold-Antimony Project PEA: $42M NPV, 17% IRR
Rua Gold Inc.'s Auld Creek Gold-Antimony Project in New Zealand (Reefton Goldfield) has a Preliminary Economic Assessment (PEA) outlining a pre-tax NPV of $42M, a pre-tax IRR of 17%, and initial capital of $226M.
Rua Gold Inc.'s Auld Creek Gold-Antimony Project has reported Preliminary Economic Assessment (PEA) results for the gold, antimony project in New Zealand (Reefton Goldfield). The study headlines a pre-tax net present value of $42M at a 5% discount rate. It reflects Rua Gold Inc.'s (RUA.V) latest disclosed economics for the asset.
Economics. The pre-tax NPV is $42M using a 5% discount rate. Pre-tax IRR is 17%. Initial capital expenditure is estimated at $226M, with life-of-mine sustaining capital of $64M. The study models a payback period of 3.33 years. All-in sustaining costs are pegged at 1835 USD/oz. Economics are based on USD 3,300/oz Au, USD 27,000/t Sb.
Production and mine plan. The project envisions an underground operation. Average head grade is 3.36 g/t AuEq.
Resources and ownership. Mineral resources: Indicated: 0.28 Mt @ 2.5 g/t Au, 1.0% Sb (23 koz Au, 3 kt Sb); Inferred: 0.98 Mt @ 1.9 g/t Au, 0.7% Sb (59 koz Au, 7 kt Sb) — Final MSO Set, cut-off 1.5 g/t AuEq.
These figures are extracted from Rua Gold Inc.'s technical disclosures and reflect the most recent PEA on file. Compare this project against other developers and producers in our project economics database, and always verify the numbers against the original technical report before making any investment decision.