ZincX Resources Closes Private Placement with Ross Beaty - Seite 2
14.1
4.162
0.804
10.3
Inferred
7.5
7.04
1.24
12.0
1.169
0.205
2.9
The Company announced robust positive results from the 2018 Preliminary Economic Assessment (PEA). The PEA envisages a conventional underground mine and concentrator operation with an average production rate of 4,000 tonnes per day. The mine will have an 18-year life with potential to extend the life-of-mine (LOM) through resource expansion at depth. Key parameters for the PEA are as follows:
Parameter |
Base Case1 |
Tonnes Mined |
25.8 Mt |
Mined Head Grades |
7.6% Zn; 1.5% Pb; 13.08 g/t Ag |
Tonnes Milled |
19.7 Mt |
Milled Head Grades (after DMS2 upgrade) |
10.0% Zn; 1.9% Pb; 17.17 g/t Ag |
Total Payable Metal (LOM) |
$3,960M3 |
Initial CAPEX |
$302.3M including $45.7M contingency |
LOM Total CAPEX |
$617.9M including $58.5M contingency |
All-in Total OPEX |
$102.4 per tonne milled |