Galaxy Production Update: $16M NPV, $5M Capex
Empress Royalty Corp.'s Galaxy in South Africa has a production guidance outlining a pre-tax NPV of $16M and initial capital of $5M.
Empress Royalty Corp.'s Galaxy has reported production guidance results for the gold project in South Africa. The study headlines a pre-tax net present value of $16M at a 5% discount rate. It reflects Empress Royalty Corp.'s (EMPR.V) latest disclosed economics for the asset.
Economics. The pre-tax NPV is $16M using a 5% discount rate. Initial capital expenditure is estimated at $5M. Economics are based on US$4,000/oz gold.
Production and mine plan. The project envisions an underground operation. Average annual production is approximately 654 GEOs.
Resources and ownership. Royalties and streams: 3.5% gold stream: 8k oz. then 2%.
These figures are extracted from Empress Royalty Corp.'s technical disclosures and reflect the most recent Production Update 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.