Sonoro released results of a Preliminary Economic Assessment (“PEA”) on its Cerro Caliche gold project in Sonoro, Mexico. The study, which was based on a 15,000 tpd open-pit/heap leach operation, returned an AT-NPV5% of US$41.5M, and an AT-IRR of 32.4%, with a mine-life (LOM) of seven years, based on US$1,750/oz gold. SGO’s EV is US$16M.
This report is currently available to premium subscribers – Free subscribers will gain access on October 1st, 2021
Join as a FREE member and get our research report delivered straight to your inbox, with a seven-day delay
