GoGold Announces NPV of US$295M for Los Ricos South PEA
News provided by
Share this article
Trading Symbols: TSX: GGD
GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF)
( GoGold , the Company ) is pleased to release the results of its initial Preliminary Economic Assessment ( PEA ) at its Los Ricos South Project located in Jalisco State, Mexico.
Highlights of the PEA, with a base case silver price of US$21.00/oz and gold price of US$1,550/oz are as follows (all figures in US dollars unless otherwise stated):
GoGold completes PEA at its first target in Los Ricos district – Los Ricos South;
After-Tax NPV (using a discount rate of 5%) of $295 Million with an After-Tax IRR of 46% (Base Case);
GoGold Provides Outlook for 2021
News provided by
Share this article
Trading Symbols: TSX: GGD
GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF)
( GoGold , the Company ) is pleased to provide an outlook of milestones and deliverables for 2021. As we look forward to 2021, we feel the Company is on the verge of unlocking the significant potential of Los Ricos to create value for the shareholders, Brad Langille, President and CEO stated. The key milestones for the Company in 2021 will include.
a Preliminary Economic Assessment at Los Ricos South in January,
an aggressive 100,000 metre drill program at Los Ricos North focussed on discovery and,
Ridgestone Mining Inc.: Ridgestone Announces Option to Acquire 100% Interest in the Advanced-Stage Guadalupe y Calvo Project in Mexico
TSXV: RMI) (
LOI ) to acquire a 100%-interest in the Guadalupe y Calvo (
GyC ) gold-silver project from Endeavour Silver Corp. (
Endeavour ). The GyC project, which is located in Chihuahua State, Mexico, is host to a significant high-grade gold-silver resource.
Jonathan George, CEO and Director of Ridgestone, commented, We are excited to acquire a high-quality, high-grade gold-silver project with such a prolific mining history in the Sierra Madre mining district at an accretive value for our shareholders. This acquisition bolsters our Mexican project portfolio, in conjunction with our 100%-owned high-grade Rebeico Gold-Copper project. The addition of the advanced resource-stage GyC project along with an extensive exploration database, provides Ridgestone an excellent opportunity for new discoveries and to further delineate additional high-grad
Seabridge Gold Inc.: Seabridge Completes Acquisition of Snowfield Property from Pretivm
Work begins on Snowfield-KSM integration expected to further improve economic projections
Toronto, Ontario (Newsfile Corp. - December 17, 2020) - Seabridge Gold Inc. (TSX: SEA) (NYSE: SA) ( Seabridge or the Company ) announced today it has closed its previously announced acquisition of the Snowfield Property from Pretium Resources Inc. ( Pretivm ). The Snowfield Property hosts a large gold resource immediately adjacent to Seabridge s 100%-owned KSM gold-copper project in northeast British Columbia, Canada. The acquisition enables exciting new development opportunities for KSM which could have a significant positive impact on project economics.
The Snowfield Property, located in the same valley that hosts KSM s Mitchell Deposit (see attached map), was purchased from Pretivm for US$100 million (the Cash Payment ), a 1.5% net smelter royalty (NSR) on Snowfield Property production and a future
Seabridge Completes Acquisition of Snowfield Property from Pretivm marketwatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketwatch.com Daily Mail and Mail on Sunday newspapers.