Daily Archives: 08/09/2020

O3 Mining delivers positive PEA for Marban Project. Proactive

O3 Mining CEO, Jose Vizquerra joined Christine Corrado of Proactive New York to discuss the results O3 Mining’s PEA on its Marban project.  Highlights include: Long-term gold price US$1,450/oz After-tax NPV (discount rate 5%) of $423M Initial capital of (“CAPEX”) of $256M Life of mine (“LOM”) of 15.2 years

O3 Mining delivers positive PEA for Marban Project

O3 Mining CEO, Jose Vizquerra announces the results of O3 Mining’s PEA on its Marban project. Highlights include: * After-tax NPV (discount rate 5%) of C$423M * IRR of 25.2% * Initial CAPEX of $256M * Average annual gold production of 115,000 oz * Life of mine of 15.2 years * PEA base case gold…