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Antilles Gold Declares Maiden Ore Reserve and Strong PFS for Nueva Sabana Project
9:17am on Monday 13th of January, 2025 AEDT
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Mining
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Antilles Gold Declares Maiden Ore Reserve and Strong PFS for Nueva Sabana Project
9:17am on Monday 13th of January, 2025 AEDT
Key Points
Maiden Ore Reserve of 1.76 million tonnes at 0.5% copper and 1.5 g/t gold
Pre-Feasibility Study projects NPV of US$69 million and IRR of 57.7%
4.6-year mine life with 500,000 tpa processing capacity
Off-take agreement negotiations underway with major international commodity trader
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