São Jorge PEA: $532M NPV, 42% IRR
GoldMining Inc.'s São Jorge in Pará State, Brazil has a Preliminary Economic Assessment (PEA) outlining an after-tax NPV of $532M, an after-tax IRR of 42%, and initial capital of $202M. The mine plan runs 10.6 years at about 51250 oz Au per year.
GoldMining Inc.'s São Jorge has reported Preliminary Economic Assessment (PEA) results for the gold project in Pará State, Brazil. The study headlines an after-tax net present value of $532M at a 5% discount rate. It reflects GoldMining Inc.'s (GOLD.TO) latest disclosed economics for the asset.
Economics. The after-tax NPV is $532M using a 5% discount rate. After-tax IRR is 42%. Initial capital expenditure is estimated at $202M. Economics are based on Base case $3,500/oz Au; Spot $4,400/oz Au.
Production and mine plan. Life of mine is 10.6 years. Average annual production is approximately 51250 oz Au. Average head grade is 1.00 g/t Au.
Resources and ownership. Mineral resources: Indicated: 19,418 kt at 1.00 g/t Au for 624 koz Au; Inferred: 5,557 kt at 0.72 g/t Au for 129 koz Au. The company holds a 100% interest in the project.
These figures are extracted from GoldMining 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.