Summary The Relief Canyon PFS projects an avera
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Posted On: 06/08/2017 8:41:22 AM
Summary
The Relief Canyon PFS projects an average annual gold production of 93,900 toz gold, at an AISC of $802/toz.
The company has chosen the contract mining option, and the capex is estimated at $23.6 million, which is much higher compared to the PEA.
Although the capex is higher, the average annual production is higher, and AISC is slightly lower compared to the PEA.
Pershing Gold's shares still offer an upside potential of more than 100%.
$PGLC / T.PGLC Pershing Gold: 1 Step Closer To Production https://seekingalpha.com/article/4079763-pers...production
The Relief Canyon PFS projects an average annual gold production of 93,900 toz gold, at an AISC of $802/toz.
The company has chosen the contract mining option, and the capex is estimated at $23.6 million, which is much higher compared to the PEA.
Although the capex is higher, the average annual production is higher, and AISC is slightly lower compared to the PEA.
Pershing Gold's shares still offer an upside potential of more than 100%.
$PGLC / T.PGLC Pershing Gold: 1 Step Closer To Production https://seekingalpha.com/article/4079763-pers...production
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