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Revival Gold has announced a preliminary economic assessment (PEA) for a first phase heap leach development at its Beartrack-Arnett gold project in Idaho, USA, with annual average production of 72,000 ounces over an initial seven-year mine life at an all-in sustaining cost of US$1,057/oz.
Revival Gold's Beartrack project in Idaho, USA-Overview-2018.jpg
The 12,000 tonnes per day openpit heap leach operation would yield an after-tax net present value (NPV) of $88 million at a 5% discount rate and after-tax internal rate of return (IRR) of 25% at a
Work towards PEA continues
