Interview with CEO Dan Wilton. First Mining just announced a positive Pre-Feasibility Study for the Springpole Gold Project in Ontario, Canada.
Highlights of the PFS:
- Pre-Tax NPV5% of US$1.5 billion, Pre-Tax IRR of 36%
- After-Tax NPV5% of US$995 million, After-Tax IRR of 29%
- Average Annual Gold Production of 335,000 ounces and AISC of US$577/oz in Years 1 - 9
- All-in sustaining costs of US$577/oz (Years 1 to 9), and AISC US$645 (LOM)