$PGLC / $T.PGLC The favorable economics of Relief
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Posted On: 08/22/2017 7:33:52 AM
$PGLC / $T.PGLC The favorable economics of Relief Canyon are reinforced throughout the PFS. The PFS indicates the viability of contract-mining and conveyor stacking to bring the project into production. Under the PFS, 525,790 oz Au are expected to be produced with average life of mine ("LOM"
production of 93,900 oz Au/year over the 5.6 year LOM. The PFS highlights the low cost nature of this project with an average cash cost of $770/oz Au and All in Sustaining Cost ("AISC" of $802/oz Au. The modest capital expense ("CAPEX" nature of this project is reaffirmed with the PFS Initial CAPEX of $23.6 million.
http://www.investorideas.com/CO/PGLC/news/2017/08171PFS.asp
production of 93,900 oz Au/year over the 5.6 year LOM. The PFS highlights the low cost nature of this project with an average cash cost of $770/oz Au and All in Sustaining Cost ("AISC" of $802/oz Au. The modest capital expense ("CAPEX" nature of this project is reaffirmed with the PFS Initial CAPEX of $23.6 million. http://www.investorideas.com/CO/PGLC/news/2017/08171PFS.asp
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