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- β A $2.2B Gold Deposit
β A $2.2B Gold Deposit
PLUS: Top Gold Highlights
Greetings Contrarian,
This is The Next Big Rush, your daily drop of mining/energy investing news. Where we come together and pretend these pieces of news are fresh since the Editor is currently crossing the Atlantic and has no Wifi and no clue.
Here are the highlights:
π Bravo Further Hits Pollygoodness
πͺπΌ Lumina's $2.2B Deposit
π₯ Top Gold Highlights
π Bravo Further Hits Pollygoodness
Highlights:
115.6m at 1.38g/t PGM+Au from surface and 44.0m at 1.88g/t PGM+Au, 0.20% Ni,
including 18.0m at 3.29g/t PGM+Au, 0.30% Ni
Results for 42 Bravo drill holes are currently outstanding.
Outstanding is the right word here.
πͺπΌ Lumina's $2.2B Deposit
Highlights:
Project after-tax NPV of US$2,238 million at US$1,650/oz gold and US$3.75/lb copper, US$20.00/OZ silver
26-year mine life with a LOM revenue mix of 79% gold, 20% copper and 1% silver
IRR 17.2%
Average cash operating costs of $602/oz and all-in sustaining costs of $671/oz, net of by-product credits
Initial Capex at $925m.
The company is currently trading at C$235m market cap / US$175m.
π₯ Top Gold Highlights
π¦πΊ Weekly gold drilling highlights
β MinerDeck (@MinerDeck)
9:23 PM β’ Apr 18, 2023
Happy Speculating!
The Editor
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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.
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