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News 2026-10-14 21:17 UTC

Minnova PEA Sees $181M NPV and 111% IRR at $3,000/Oz

Minnova's NI 43-101 PEA for restarting the PL Gold Mine reports after-tax NPV5% of $181M and 111% IRR at $3,000/oz. It gives pre-production capex of $53.4M, a 0.7-year payback and NPV of $439M at $4,000/oz; first production is targeted for 2028.