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i-80 Gold says Granite Creek Underground feasibility study shows after-tax NPV(5%) of $118M at $2,750/oz gold, rising to $598M at $4,500/oz. It cites initial reserves of 556.5k oz Au at 7.87 g/t and steady-state output of ~75k oz/yr for ~8.5 years.
i-80 Gold said its feasibility study for the Granite Creek underground gold project is positive, with after-tax NPV(5%) of $118M at $2,750/oz Au, rising to $598M at $4,500/oz Au, and announced initial mineral reserves.