Mercur Gold Project PEA: $741M NPV, 56% IRR
Revival Gold Inc.'s Mercur Gold Project in Utah, USA (Tooele & Utah Counties) has a Preliminary Economic Assessment (PEA) outlining an after-tax NPV of $741M, an after-tax IRR of 56%, and initial capital of $208M. The mine plan runs 10 years at about 95600 oz Au/yr per year.
Revival Gold Inc.'s Mercur Gold Project has reported Preliminary Economic Assessment (PEA) results for the gold project in Utah, USA (Tooele & Utah Counties). The study headlines an after-tax net present value of $741M at a 5% discount rate. It reflects Revival Gold Inc.'s (RVG.V) latest disclosed economics for the asset.
Economics. The after-tax NPV is $741M using a 5% discount rate. After-tax IRR is 56%. Initial capital expenditure is estimated at $208M. All-in sustaining costs are pegged at 1385 USD/oz. Economics are based on $3,000/oz gold (base case for economics).
Production and mine plan. The project envisions an open-pit operation. Life of mine is 10 years. Average annual production is approximately 95600 oz Au/yr. Average head grade is 0.60 g/T Au. Metallurgical recovery averages 75%. The open-pit strip ratio is 2.8:1.
Resources and ownership. Mineral resources: Indicated: 35,299 kT @ 0.66 g/T Au for 746 koz Au; Inferred: 36,246 kT @ 0.54 g/T Au for 626 koz Au. The company holds a 100% interest in the project. Royalties and streams: Variable NSR royalties, block-weighted average of 2.1%.
These figures are extracted from Revival 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.