Cove Underground PEA: $271M NPV, 30% IRR
i-80 Gold Corp.'s Cove Underground in Lander County, Nevada, USA has a Preliminary Economic Assessment (PEA) outlining an after-tax NPV of $271M and an after-tax IRR of 30%.
i-80 Gold Corp.'s Cove Underground has reported Preliminary Economic Assessment (PEA) results for the gold project in Lander County, Nevada, USA. The study headlines an after-tax net present value of $271M at a 5% discount rate. It reflects i-80 Gold Corp.'s (IAU.TO) latest disclosed economics for the asset.
Economics. The after-tax NPV is $271M using a 5% discount rate. After-tax IRR is 30%. Economics are based on $2,175/oz Au (base case); also shown at $3,000/oz.
Production and mine plan. The project envisions an underground operation. Average annual production is approximately 100 koz Au.
Resources and ownership. The company holds a 100% interest in the project.
These figures are extracted from i-80 Gold Corp.'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.