BonTerra posts after — tax NPV of C$ 665 million in Barry gold project PEA at US$ 3,500/oz
BonTerra released a preliminary economic assessment for the Barry open-pit and underground gold project in Québec. Base case at US$ 3,500/oz gold: after-tax NPV (5%) C$ 665 million; after-tax IRR 54%; payback 2.5 years. Initial capital estimated at C$ 119 million; sustaining capital C$ 354 million; total capital C$ 480