Red Chris Operations PFS: C$2.24B NPV, 16.1% IRR
Imperial Metals Corporation's Red Chris Operations in British Columbia, Canada has a Pre-Feasibility Study (PFS) outlining a pre-tax NPV of C$2.24B and a pre-tax IRR of 16.1%. The proposed mine plan runs 36 years.
Imperial Metals Corporation's Red Chris Operations has reported Pre-Feasibility Study (PFS) results for the copper & gold project in British Columbia, Canada. The study headlines a pre-tax net present value of C$2.24B at a 4.5% discount rate. It reflects Imperial Metals Corporation's (III.TO) latest disclosed economics for the asset.
Economics. The pre-tax NPV is C$2.24B using a 4.5% discount rate. Pre-tax IRR is 16.1%. The study models a payback period of 3.2 years. All-in sustaining costs are pegged at -60 C$/oz. Economics are based on US$3.00/lb Cu, US$1,300/oz Au (reserves); US$3.40/lb Cu, US$1,400/oz Au (resources).
Production and mine plan. The project envisions an open-pit & underground (block cave) operation. Life of mine is 36 years.
Resources and ownership. Mineral reserves: Total Proven and Probable: 480 Mt at 0.52 g/t Au and 0.45% Cu, containing 8.1 Moz Au and 2.2 Mt Cu. Mineral resources: Total Measured and Indicated: 980 Mt at 0.41 g/t Au and 0.38% Cu, containing 13 Moz Au and 3.7 Mt Cu; Total Inferred: 190 Mt at 0.31 g/t Au and 0.30% Cu, containing 1.9 Moz Au and 0.57 Mt Cu. The company holds a 30% interest in the project. Royalties and streams: 1% NSR payable to Royal Gold on all or portions of four mining leases; provisions to Tahltan Nation under IBCA.
These figures are extracted from Imperial Metals Corporation's technical disclosures and reflect the most recent PFS 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.