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O3 Mining Delivers Positive PEA for Garrison Project

The Garrison PEA demonstrates an NPV of $321 million which follows hot on the heels of our Marban PEA (See Press Release September 8, 2020) in Québec which also demonstrated compelling project economics with an after-tax NPV of $423 million, an IRR of 25.2% with a 15 year mine life and an average annual gold production of 115,000 oz. Together these PEAs mark the transition of O3 Mining …

FEASIBILITY STUDY CONFIRMS OUTSTANDING PROJECT ECONOMI…

Outokumpu Copper Project to Proceed - Altona Mining Capital cost is a low A$46.1m before Finnish government grants. • Life of mine ... Project is based on sale of conventional copper-gold and zinc concentrate ... Ore will be trucked 43km from the mine to the mill ...

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O3 Mining Delivers Positive PEA for Garrison Project

After-tax payback period: 2.3 years. Initial capital ("CAPEX"): $267 million for a 4.0 million tonne per year processing plant including mine preproduction, infrastructure (roads, power line relocation, tailings facility, ancillary buildings, and water management) Life of mine ("LOM"): 12 years.

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Outokumpu Copper Project to Proceed - Altona Mining Capital cost is a low A$46.1m before Finnish government grants. • Life of mine ... Project is based on sale of conventional copper-gold and zinc concentrate ... Ore will be trucked 43km from the mine to the mill ...

Irtafo

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Uncategorized – Page 3 – O3 Mining

New assay results from seven drill holes drilled down plunge at the Gold Hawk zone include: Drilling Highlights: 383.4 g/t Au over 2.0 metres in hole O3MA-20-008, including 1,510 g/t Au over 0.5 metres 1.8 g/t Au over 5.0 metres in hole O3MA-20-002 16.8 g/t Au over 0.5 metres in hole O3MA-20-003 ...