Tarachi Announces Positive Results of Magistral PEA and Mineral Resource Estimate (CSE: TRG) Press Release Highlights: Projected average annual gold production of 16,000oz + copper concentrate Cash operating costs of $648/oz and AISC of $705/oz Au, net of copper and silver
Resource Estimates
Economic Studies
Production Results
(CSE: TRG)
Press Release Highlights:
- Projected average annual gold production of 16,000oz + copper concentrate
- Cash operating costs of $648/oz and AISC of $705/oz Au, net of copper and silver by-product credit.
- Pre-tax IRR of 120% and post-tax IRR of 85% at $1600/oz Au.
- Pre-tax annual free cash flow of $15.3M USD ($19.3M CAD) in peak years
VANCOUVER, BC, Dec. 13, 2021 /CNW/ - Tarachi Gold Corp. (CSE: TRG) (OTCQB: TRGGF) (Frankfurt: 4RZ) ("Tarachi" or the "Company") is pleased to announce the results of the Preliminary Economic Assessment ("PEA") for the Company's Magistral Mill and Tailings Project ("Magistral" or the "Magistral Project") in Durango, Mexico.
Preliminary Economic Assessment Metrics:
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