PEA outlines robust Colomac gold mine
3.3M oz operation generates a 42% IRR and C$1.17 billion NPV North of 60 Mining News – April 28, 2023
Last updated 4/27/2023 at 6:13pm
Nighthawk Gold Corp. April 26 published results from a preliminary economic assessment that details very strong economics for a mine at its Colomac project in Northwest Territories that would produce 3.26 million ounces of gold over 11.2 years of operation.
The PEA envisions a "hub-and-spoke" mining operation with a 17,000-metric-ton-per-day mill located at Colomac Centre, where most of the res...