Exploration / Development > Feasibility

Alamos' Lynn Lake returns look 'skinny'

Alamos Gold (CN:AGI) has received positive, if not spectacular, base case economics from a feasibility study on its Lynn Lake gold project in Manitoba, Canada.

Staff reporter

Exploration / Development > Feasibility

Alamos' Lynn Lake returns look 'skinny'

Alamos Gold (CN:AGI) has received positive, if not spectacular, base case economics from a feasibility study on its Lynn Lake gold project in Manitoba, Canada.

Staff reporter

Alamos' Lynn Lake returns look 'skinny'

A feasibility study showed good, if not great, economics for Alamos' Lynn Lake gold project in Manitoba

The study determined a post-tax net present value (5% discount) of US$123 million and an internal rate of return of 12.5%. This would give the project a 4.6-year payback using base gold and silver prices of $1,250 per ounce and $16/oz, respectively, and an initial capital estimate of $338 million.