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TORONTO, Feb. 09, 2022 (GLOBE NEWSWIRE) -- Euro Sun Mining Inc. (TSX: ESM) (“Euro Sun” or the “Company”) is pleased to provide the results of its...

Euro Sun estimates $399 mln initial CAPEX for gold-copper project in Romania Euro Sun Mining exploration perimeter at Rovina Valley in Romania BUCHAREST (Romania), March 1 (SeeNews) - Canada's Euro Sun Mining said on Monday that it estimates a robust gold and copper output at its Rovina Valley gold and copper project in Romania and total initial capital expenditures (CAPEX) of $399 million (329 million euro), following positive results of the definitive feasibility study. The feasibility study uncovered a potential average annual gold equivalent production of 146,000 ounces ...

ounces over first 10 years at an average AISC of $790/gold equivalent ounce Total initial capex of $399 million Pre-tax Net Present Value of $447 million; IRR of 21.3% at $1,550/oz gold and $3.30/lb copper TORONTO, March 01, 2021 (GLOBE NEWSWIRE) — Euro Sun Mining Inc. (TSX: ESM) (“Euro Sun” or the “Company”) is pleased to announce the positive results of the Definitive Feasibility Study (“DFS”) on the Colnic and Rovina open pits – the initial phase of development of its Rovina Valley Gold and Copper Project (the “Rovina Valley Project”) in Romania. Along with the DFS, t...