Whistler PEA: $2.00B NPV, 33% IRR
GoldMining Inc.'s Whistler in Alaska, USA has a Preliminary Economic Assessment (PEA) outlining an after-tax NPV of $2.00B, an after-tax IRR of 33%, and initial capital of $1.30B. The mine plan runs 14.6 years at about 183000 oz Au per year.
GoldMining Inc.'s Whistler has reported Preliminary Economic Assessment (PEA) results for the gold project in Alaska, USA. The study headlines an after-tax net present value of $2.00B at a 5% discount rate. It reflects GoldMining Inc.'s (GOLD.TO) latest disclosed economics for the asset.
Economics. The after-tax NPV is $2.00B using a 5% discount rate. After-tax IRR is 33%. Initial capital expenditure is estimated at $1.30B. The study models a payback period of 2.1 years. All-in sustaining costs are pegged at 1046 USD/oz Au. Economics are based on Consensus: $3,200/oz Au, $4.50/lb Cu, $37.50/oz Ag; Spot: $5,000/oz Au, $5.85/lb Cu, $70/oz Ag.
Production and mine plan. Life of mine is 14.6 years. Average annual production is approximately 183000 oz Au.
Resources and ownership. Mineral resources: 5.41 Moz AuEq Indicated, 4.97 Moz AuEq Inferred (USGO owned). M&I: 294.17 Mt at 0.42 g/t Au, 2.01 g/t Ag, 0.16% Cu, 0.69 g/t AuEq for 3.93 Moz Au, 18.99 Moz Ag, 1,023.7 Mlbs Cu, 6.48 Moz AuEq; Inferred: 198.24 Mt at 0.52 g/t Au, 1.81 g/t Ag, 0.07% Cu, 0.65 g/t AuEq for 3.31 Moz Au, 11.52 Moz Ag, 316.9 Mlbs Cu, 4.16 Moz AuEq. The company holds a 74.2% 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.