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RPX Gold Inc. Delivers Robust Preliminary Economic Assessment and Updated Mineral Resource Estimate for Wawa Gold Project
Highlights After-tax NPV 5% C$523 million and after-tax IRR of 99.7% at a bas...
About this update from RPX Gold
RPX Gold Inc. Delivers Robust Preliminary Economic Assessment and Updated Mineral Resource Estimate for Wawa Gold Project .bwalignc { text-align: center; list-style-position: inside } .bwalignl { text-align: left } .bwalignr { text-align: right; list-style-position: inside } .bwblockalignl { margin-left: 0px; margin-right: auto } .bwcellpmargin { margin-bottom: 0px; margin-top: 0px } .bwleftsingle { border-left: solid black 1pt } .bwlistdecimal { list-style-type: decimal } .bwlistdisc { list-style-type: disc } .bwmarginl1 { margin-left: 30px } .bwpadb3 { padding-bottom: 4px } .bwpadl0 { padding-left: 0px } .bwpadl1 { padding-left: 5px } .bwpadl4 { padding-left: 20px } .bwpadr0 { padding-right: 0px } .bwrightsingle { border-right: solid black 1pt } .bwrowaltcolor1 { background-color: #d3d3d3 } .bwsinglebottom { border-bottom: solid black 1pt } .bwtablemarginb { margin-bottom: 10px } .bwtopsingle { border-top: solid black 1pt } .bwuline { text-decoration: underline } .bwvertalignb { vertical-align: bottom } .bwvertalignm { vertical-align: middle } .bwvertalignt { vertical-align: top } .bwwidth100 { width: 100% } .bwwidth14 { width: 14% } .bwwidth15 { width: 15% } .bwwidth16 { width: 16% } .bwwidth20 { width: 20% } .bwwidth25 { width: 25% } .bwwidth55 { width: 55% } .bwwidth60 { width: 60% } .bwwidth75 { width: 75% } Highlights After-tax NPV 5% C$523 million and after-tax IRR of 99.7% at a base case gold price of US$3,500/ounce (“oz”) and an after-tax NPV 5% of C$935M and an IRR of 181% at a gold price of US$4,500/oz Base case average annual after-tax free cash flow 1 (excluding initial capital expenditures) of C$85M and cumulative after-tax free cash flow of C$767M; first 5 years of production $354 M after-tax free cash flow (excluding initial capital expenditures) LOM Cash Costs 1 of US$1,835/oz and All-In Sustaining Costs (“AISC”) 1 of US$2,149/oz at the base case gold price 81% of the gold production coming from Indicated resources Initial Capital: ~C$51 million Payback Period: <1 year Phased open-pit and underground development utilizing toll milling RPX Gold Inc. (“ RPX Gold ” or the “ Company ”) (TSXV: RPX) is pleased to announce the results of a Preliminary Economic Assessment (“ PEA ”) for its 100%-owned Wawa Gold Project (the “ Project ”) located in northwestern ...