North Bullfrog gold/silver project, US
Name of the Project
North Bullfrog gold/silver project.
Location
North-west Nevada, in the US.
Project Owner/s
Corvus Gold.
Project Description
The results of a preliminary economic assessment have outlined a potentially big standalone mining project, with attractive preliminary production and financial performance statistics.
The project has measured and indicated resources of 2.1-million ounces of gold and 10.3-million ounces of silver. Inferred mineral resources are estimated 410 000 oz of gold and 1.29-million ounces of silver. The North Bullfrog project is modelled as a large openpit, run-of-mine, heap-leach operation, with a grinding circuit for gravity gold recovery of the high-grade YellowJacket vein and stockwork deposit.
The mining plan uses standard mining practices and has a production scale that is being used by many operating openpit mines in Nevada.
The project has a mine life of 14 years, with life-of-mine production estimated at 1.47-million ounces of gold and 3.2-million ounces of silver.
The operation will produce 147 000 oz/y of gold and 400 000 oz/y of silver in the first seven years.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
Using a gold price of $1 500/oz of gold, the project has an after-tax net present value, at a 5% discount rate, of $452-million and an internal rate of return of 47%, with a payback of 2.1 years.
Capital Expenditure
Initial capital is estimated at $167-million.
Planned Start/End Date
Not stated.
Latest Developments
None stated.
Key Contracts, Suppliers and Consultants
None stated.
Contact Details for Project Information
Corvus Gold, tel + 1 604638 3246 or email info@corvusgold.com.
Comments
The
content
you are trying to access is only available to subscribers.
If you are already a subscriber, you can Login Here.
If you are not a subscriber, you can subscribe now, by selecting one of the below options.
For more information or assistance, please contact us at subscriptions@creamermedia.co.za.
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation