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GMV tips Mexican Hat for further investment

GMV Minerals will proceed with feasibility work at the Mexican Hat gold project in Arizona, USA, after a preliminary economic assessment highlighted improved economics compared with a 2018 study.

GMV tips Mexican Hat for further investment GMV tips Mexican Hat for further investment GMV tips Mexican Hat for further investment GMV tips Mexican Hat for further investment GMV tips Mexican Hat for further investment

GMV has tabled another PEA for Mexican Hat in Arizona, USA

The company has laid out a case for a low-capex, openpit heap-leach operation that generates an after-tax IRR, at a 5% discount, of 29.3% and an NPV of US$100 million.