Romero PFS: $203M NPV, 28% IRR
Goldquest Mining Corp.'s Romero in Dominican Republic has a Pre-Feasibility Study (PFS) outlining an after-tax NPV of $203M, an after-tax IRR of 28%, and initial capital of $158M. The mine plan runs 8 years at about 109 koz AuEq per year.
Goldquest Mining Corp.'s Romero has reported Pre-Feasibility Study (PFS) results for the gold-copper project in Dominican Republic. The study headlines an after-tax net present value of $203M at a 5% discount rate. It reflects Goldquest Mining Corp.'s (GQC.V) latest disclosed economics for the asset.
Economics. The after-tax NPV is $203M using a 5% discount rate. After-tax IRR is 28%. Initial capital expenditure is estimated at $158M, with life-of-mine sustaining capital of $92M. The study models a payback period of 2.5 years. All-in sustaining costs are pegged at 595 USD/oz. Economics are based on Au $1,300/oz, Cu $2.50/lb, Ag $20/oz.
Production and mine plan. The project envisions an underground (longhole open stopes & cut and fill) operation. Life of mine is 8 years. Average annual production is approximately 109 koz AuEq. Average head grade is 5 g/t AuEq.
Resources and ownership. Mineral reserves: Total Probable: 7,031,000 tonnes grading 3.72 g/t Au, 4.33 g/t Ag, 0.88% Cu, 4.9 g/t AuEq (840,000 oz Au, 980,000 oz Ag, 136 Mlb Cu, 1,117,000 oz AuEq). Mineral resources: Total Indicated: 20,230,000 tonnes grading 2.67 g/t Au, 0.61% Cu, 4.0 g/t Ag, 3.48 g/t AuEq (1,738,000 oz Au, 2,265,000 oz AuEq). Total Inferred: 3,020,000 tonnes grading 2.03 g/t Au, 0.33% Cu, 2.9 g/t Ag, 2.47 g/t AuEq (197,000 oz Au, 240,000 oz AuEq). The company holds a 100% interest in the project.
These figures are extracted from Goldquest Mining Corp.'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.