Cariboo Gold Project Feasibility Study: C$943M NPV, 22.1% IRR
Osisko Development Corp.'s Cariboo Gold Project in British Columbia, Canada has a Feasibility Study outlining an after-tax NPV of C$943M, an after-tax IRR of 22.1%, and initial capital of C$881M. The mine plan runs 10 years at about 190 koz Au per year.
Osisko Development Corp.'s Cariboo Gold Project has reported Feasibility Study results for the gold project in British Columbia, Canada. The study headlines an after-tax net present value of C$943M at a 5% discount rate. It reflects Osisko Development Corp.'s (ODV.V) latest disclosed economics for the asset.
Economics. The after-tax NPV is C$943M using a 5% discount rate. After-tax IRR is 22.1%. Initial capital expenditure is estimated at C$881M. All-in sustaining costs are pegged at 1157 USD/oz. Economics are based on US$2,400/oz base case (USDCAD 1.35).
Production and mine plan. The project envisions an underground operation. Life of mine is 10 years. Average annual production is approximately 190 koz Au. Metallurgical recovery averages 92.6%.
Resources and ownership. Mineral reserves: Probable: 17.815 Mt grading 3.62 g/t Au for 2.071 Moz Au. Mineral resources: Measured: 47 kt grading 5.06 g/t Au for 8 koz Au; Indicated: 17.332 Mt grading 2.88 g/t Au for 1.604 Moz Au; Inferred: 18.774 Mt grading 3.09 g/t Au for 1.864 Moz Au. The company holds a 100% interest in the project.
These figures are extracted from Osisko Development Corp.'s technical disclosures and reflect the most recent Feasibility Study 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.