Sleeper PEA: $402M NPV, 45% IRR
Paramount Gold and Silver Corp.'s Sleeper in Humboldt County, Northern Nevada, USA has a Preliminary Economic Assessment (PEA) outlining an after-tax NPV of $402M, an after-tax IRR of 45%, and initial capital of $201M. The mine plan runs 17 years at about 65 koz Au per year.
Paramount Gold and Silver Corp.'s Sleeper has reported Preliminary Economic Assessment (PEA) results for the gold project in Humboldt County, Northern Nevada, USA. The study headlines an after-tax net present value of $402M at a 8% discount rate. It reflects Paramount Gold and Silver Corp.'s (PZG) latest disclosed economics for the asset.
Economics. The after-tax NPV is $402M using a 8% discount rate. After-tax IRR is 45%. Initial capital expenditure is estimated at $201M, with life-of-mine sustaining capital of $343M. The study models a payback period of 1.4 years. All-in sustaining costs are pegged at 2407 USD/oz. Economics are based on Base case $3,600/oz gold; Upside case $4,700/oz gold.
Production and mine plan. The project envisions an open-pit operation. Life of mine is 17 years. Average annual production is approximately 65 koz Au. Metallurgical recovery averages 85%. The open-pit strip ratio is 1.52:1.
Resources and ownership. Mineral resources: 1.99 Moz M&I Gold Resources; 2.30 Moz Inferred Gold Resources. The company holds a 100% interest in the project.
These figures are extracted from Paramount Gold and Silver Corp.'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.