- Palladium Is The Hottest Metal On The Planet
- River Valley Hosts 2.9Moz Palladium Equivalent (Measured & Indicated)
- Advancing to Pre-Feasibility Study
- The Largest Undeveloped PGM Project In North America!
- Eric Sprott Owns 18.56% Of THIS Palladium Company
River Valley PGM Project near Sudbury, ON
- Palladium is the main payable metal accounting for 65% of revenue stream based on 2019 PEA.
- 1:0.4 (Pd:Pt).
- Excellent infrastructure and within 100 kilometers of the Sudbury Metallurgical Complex.
- NI 43-101 Mineral Resource Estimation (Q1 2019)
- PEA done Q3 2019.
- 2020 plan to follow up on PEA recommendations.
Preliminary Economic Assessment demonstrates positive economics for a large-scale open pit mining operation.
PEA Highlights (CDN$):
- Life of mine (LOM) of 14 years, with 6 million tonnes annually of potential process plant feed at an average grade of 0.88 g/t Palladium Equivalent (PdEq) and process recovery rate of 80%, resulting in an annual average payable PdEq production of 119,000 ounces.
- Pre-Production capital requirements: $495 M.
- Undiscounted cash flow before income and mining taxes of $586M.
- Undiscounted cash flow after income and mining taxes of $384M.
- Average unit operating cost of $19.50/tonne over the life-of-mine.
- Potential for up to 325 jobs at the peak of production.
- Using March 11, 2020 spot Palladium price (US$2,275/oz) River Valley Project After-tax IRR is 30% and After-tax NPV (5%) is $C858M.
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