Toral lead/zinc project, Spain
Name of the Project
Toral lead/zinc project.
Location
North-west Spain.
Project Owner/s
Europa Metals.
Project Description
A preliminary economic assessment (PEA) has shown that the project could be a significantly larger operation than previously contemplated.
The study envisages a 700 000 t/y operation over a 12-year life. The proposed operation is based of a 17-million-tonne-a-year resource at 6.7% zinc equivalent, including an indicated resource of 3.8-million tonnes at 8.1% zinc equivalent.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
The project has a net present value, at an 8% discount, of $156-million and an internal rate of return of 31.3%.
Capital Expenditure
Upfront capital required is estimated at $79-million.
Planned Start/End Date
Not stated.
Latest Developments
A prefeasibility study is under way.
Key Contracts, Suppliers and Consultants
None stated.
Contact Details for Project Information
Europa Metals, tel +61 8 9486 4036 or email info@europametals.com.
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