Crocodile Gold Files Big Hill Project PEA Technical Report

By
A A A
Share |

Crocodile Gold Corp. (CRK.TO) has filed the National Instrument 43-101 compliant technical report on the Big Hill Development Project, Stawell Gold Mine, Victoria Australia.

The Economic Highlights of the project include:

Net Present Value of A$40.0M using a gold price of A$1,400/ounces and a discount rate of 10%;

Production of 2.3 million tonnes at an average grade of 1.65 g/t Au, recovering over 108,000 ounces of gold;

Project duration of four to five years, including a planned rehabilitation program;

Stripping ratio of 3.2 to 1;

Upfront capital requirement of A$17MM;

The creation of 80-100 jobs for the Stawell Region.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

Copyright (C) 2014 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


This article appears in: Investing , Commodities

Referenced Stocks:

MT Newswires

MT Newswires

More from MT Newswires:

Related Videos

Stocks

Referenced

Most Active by Volume

89,970,926
  • $16.15 ▲ 0.12%
77,131,582
  • $58.94 ▼ 1.31%
67,336,935
  • $26.56 ▲ 1.68%
48,814,124
  • $86.20 ▲ 0.02%
47,526,126
  • $23.21 ▲ 0.78%
44,660,424
  • $23.91 ▲ 6.36%
38,799,699
  • $4.289 ▲ 4.36%
36,199,890
  • $40.01 ▼ 0.97%
As of 4/17/2014, 04:07 PM