US GoldMining files Whistler Alaska PEA with USD 2 billion after-tax NPV5%

Reuters03-23
US GoldMining files Whistler Alaska PEA with USD 2 billion after-tax NPV5%
  • US GoldMining filed S-K 1300 and NI 43-101 technical reports for a preliminary economic assessment covering the Whistler gold-copper project in Alaska.
  • The assessment reported an after-tax NPV at a 5% discount rate of USD 2.0 billion and an after-tax IRR of 33% at base prices.
  • Initial capital expenditures were estimated at about USD 1.3 billion, including a 20% contingency.
  • The mine plan outlined average annual production of 246,000 gold-equivalent ounces over an initial 14.6-year mine life.


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