The project would yield an after-tax net present value of C$1.
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Nighthawk Gold has reported a preliminary economic assessment for an open pit gold mining operation at its Colomac project near Yellowknife in the North West Territories of Canada, outlining average annual production of 290,000oz at an US$828/oz all-in sustaining cost over an 11.2-year mine life, with peak production of 340,000oz.
The project would yield an after-tax net present value of C$1.
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