Sonoro Gold Releases Revised PEA for Cerro Caliche Project Showing Strong Economics and Low Capex
Sonoro Gold Corp has released an updated preliminary economic assessment (PEA) for its Cerro Caliche gold project in Mexico, showing strong economic potential with a pre-tax NPV of $360 million and an IRR of 65%. The project is projected to have a 10-year life of mine with initial capital expenditures of $83 million.
Topics: capital expenditures gold mining PEA resource estimate