MOD Feasibility Study Confirms Robust Capital Intensity and 31%+ IRR; Maiden Ore Reserve

MOD Feasibility Study Confirms Robust Capital Intensity and 31%+ IRR; Maiden Ore Reserve

The Full Announcement is Available in PDF here:

MOD Feasibility Study Confirms Robust Capital Intensity and 31%+ IRR; Maiden Ore Reserve

The Full Announcement is Available in PDF here:

Marimaca Copper Outlines US$709 Million NPV For MOD Project In Feasibility Study

Marimaca Copper (TSX: MARI) last night released the results of a feasibility study conducted on their Marimaca Oxide Deposit, outlining a post-tax net present value of US$709 million alongside an internal rate of return of 31%, which is based on US$4.30 a pound copper and an 8% discount rate. The study itself outlines an operation that would produce on average 43,000 tonnes per annum of copper cathode over a 13 year reserve life from an open pit…