Sierra Antapite Production Update: $28M NPV, $10M Capex
Empress Royalty Corp.'s Sierra Antapite in Peru has a production guidance outlining a pre-tax NPV of $28M and initial capital of $10M.
Empress Royalty Corp.'s Sierra Antapite has reported production guidance results for the gold project in Peru. The study headlines a pre-tax net present value of $28M 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 $28M using a 5% discount rate. Initial capital expenditure is estimated at $10M. Economics are based on US$4,000/oz gold.
Production and mine plan. The project envisions an underground operation. Average annual production is approximately 1608 GEOs. Average head grade is high-grade.
Resources and ownership. Royalties and streams: 4.5% gold stream: 11k oz. then 1% LOM.
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.