Amex Exploration (TSE:AMX) has released an update.
Amex Exploration’s Preliminary Economic Assessment reveals the Perron Gold Project’s substantial potential, boasting a pre-tax IRR of 59.5% and a net present value of C$948 million. The project is set to achieve an average annual gold production of 124,000 ounces for the first five years, with a life-of-mine spanning 10 years. The promising financial metrics and low environmental impact highlight the project’s potential as a profitable and sustainable mining endeavor.
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