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Transaction Announcement Reports
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RSC News | ✓ | ✓ | ✓ |
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Project: | Palmer | |
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Deposit: | Palmer | |
Location: | United States | |
Commodities: | Zinc-Copper-Lead-Gold-Silver | |
Date: | 6/3/2019 | |
Report Code: | NI43-101 | |
Report Type: | PEA | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 3-6-2019: Constantine Metal Resources Ltd. announces a PEA report for its Palmer deposit at the Palmer project. PEA results incl. post-tax NPV of US $266M (7%), IRR of 21% . “This PEA is the most significant milestone for Constantine to date, demonstratin | |
Resources: | ||
CP/QP: | [Overall Report]: Richard Goodwin (JDS Energy & Mining Inc.) | |
ABSTRACT: | “This PEA is the most significant milestone for Constantine to date, demonstrating a high-quality project with strong economics and a progressive, environmentally conscious mine design,” Commented President & CEO Garfield MacVeigh. “Quality North American development-stage zinc-copper projects are in scarce supply, particularly projects with high operating margins and resilience to low metal price environments as demonstrated by the Palmer PEA. What sets the Palmer Project apart from its peers is excellent access by paved all-season highway and secondary roads, close proximity to an existing Pacific port ore terminal, reasonable and manageable capital costs, significant district-scale upside for additional mineral resources, and a joint venture that includes a global leader in the zinc smelting business.” | |
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