Production Data |
Values |
Units |
Life of Mine |
10.9 |
Years |
Processing Rate |
4,000 / 1.46 |
tpd / Mtpa |
Recovered Gold |
1.10 |
Moz |
Average Gold Recovery |
95.8 |
% |
Pre-production Tonnes Mined |
4.1 |
Mt |
Total Material Mined (including pre-production) |
142.6 |
Mt |
Total Ore Tonnes Mined |
15.8 |
Mt |
Overall Strip Ratio |
8.0 |
waste: ore |
Total Tonnes Milled |
15.8 |
Mt |
Average Annual Gold Production |
100 |
koz |
Average Mill Feed Grade |
2.26 |
g/t gold |
Capital Costs |
Values |
Units |
Initial Capital, Direct Cost Estimate |
193.9 |
C$M |
Initial Capital, Indirect Costs and Contingency |
77.1 |
C$M |
Total Initial Capital Costs |
271.0 |
C$M |
LOM Sustaining Capital Costs, including Indirect Costs and Contingency |
63.1 |
C$M |
Total Reclamation and Other Costs |
50.3 |
C$M |
Total LOM Capital Costs |
384.5 |
C$M |
Operating Costs |
Values |
Units |
Open Pit Mining |
4.99 |
C$/t mined |
Processing |
13.45 |
C$/t milled |
Refining and Transport |
4.23 |
C$/oz |
Water Management and Treatment |
1.16 |
C$/t milled |
Site Support Costs |
8.70 |
C$/t milled |
Total Operating Cost |
67.05 |
C$/t milled |
Average Operating Cash Cost per Ounce 1 |
966 (US$773) |
C$/oz |
Average All-In Sustaining Cost per Ounce 1 |
1,062 (US$849) |
C$/oz |
Financial Analysis |
Values |
Units |
Gold Price Assumption |
$1,600 |
US$/oz |
Exchange Rate |
1:1.25 |
US$:C$ |
Gold Price Assumption |
$2,000 |
C$/oz |
Pre-Tax Unlevered Free Cash Flow |
755 |
C$M |
Pre-Tax NPV 5% |
484 |
C$M |
Pre-Tax IRR |
31.2 |
% |
Pre-Tax Payback |
2.7 |
years |
After-Tax Unlevered Free Cash Flow |
529 |
C$M |
After-Tax NPV 5% |
328 |
C$M |
After-Tax IRR |
25.5 |
% |
After-Tax Payback |
2.9 |
years |
LOM Direct Income and Provincial Mining Taxes |
226 |
C$M |
Notes: