I-80 Gold Granite Creek mine feasibility study shows $118 mln NPV at $2,750/oz gold
I-80 Gold released a feasibility study for the Granite Creek Underground gold mine in Nevada, outlining initial proven and probable reserves of 556,500 oz. Base case at USD 2,750/oz gold shows after-tax NPV(5%) of USD 118 million; undiscounted after-tax cash flow of USD 153 million. Sensitivity at USD 4,500/oz gold lif