MiningNewsBreaks – Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF) Reports $820 Million Post-Tax NPV in Santa Fe Mine Preliminary Economic Assessment
This article has been disseminated on behalf of Lahontan Gold Corp. and may include paid advertising. Lahontan Gold (TSX.V: LG) (OTCQB: LGCXF) announced positive results from a preliminary economic assessment ("PEA") for its Santa Fe Mine gold-silver project in Nevada, outlining a post-tax net present value at a 5% discount rate of $820 million and an internal rate of return of 40.1%. Based on gold prices of $3,600 per ounce and silver prices of $49 per ounce, the assessment projects $3.68 billion in life-of-mine revenue and $1.32 billion in after-tax net cash flow over an 11-year active mine life, followed…