NGEx’s Los Helados #Copper-#Gold deposit $NGEX

Still waiting on NGEx’s Los Helados #Copper-#Gold deposit updated resource estimate based on current metals prices…

The original numbers were run on $3/lb. #Copper and

#LatAm #Gold Producer @CerradoGold reports 94.8% IRR for Monte do Carmo #Brazil $CERT

Cerrado Gold came out with an updated PEA for its Brazilian Gold mine, Monte do Carmo. Some excellent numbers:

• After-Tax IRR of 94.8%, NPV5% US$617MM 

• Gold Production of 150,000 oz/yr. for first 5 years

• AISC of US$431/oz over first 5 years

• Low Initial Capex of US$126MM (incl. US$25MM contingency)

Here are some highlights and a comment from Mark Brennan, CEO. 

#MiningStocks Financings continue to drop, average deal size at 70-week low

ORENINC INDEX - Monday, August 16th 2021

  Last Week: 19.28

This week: 18.49

The Oreninc Index decreased