O3 Mining delivers positive PEA for Marban Project

September 8, 2020

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 price of US$1,450/oz

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