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Entree Gold Inc.

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Summary

Project:

Ann Mason

Deposit:Ann Mason, Blue Hill
Location:United States
Commodities:Copper-Molybdenum-Gold-Silver
Date:11/3/2014
Report Code:NI43-101
Report Type:PEA
Project Stage:Pursuing Resource Increase/Upgrade
Report details:3-11-2014: Entree Gold Inc. announces a PEA report for its Ann Mason, Blue Hill deposit at the Ann Mason project. Amended PEA results incl. pre-tax NPV (7.5%) of $1106M, IRR of 14.8%, 6.4 year payback period. Entrée retained AGP Mining Consultants (AGP) t
Resources:
CP/QP:[Resources]: Jackson, Desautels, Melnyk (Quantitative Group Pty Ltd.;AGP Mining Consultants Inc.)
ABSTRACT:Entrée retained AGP Mining Consultants (AGP) to provide a National Instrument 43-101 (NI 43-101) compliant Preliminary Economic Assessment (PEA) of the Ann Mason Deposit. As part of the PEA, a resource update was completed on Ann Mason by Quantitative Group Pty Ltd (QG) for use in this study. This PEA conforms to the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Mineral Resources and Mineral Reserves definitions referred to in NI 43-101, Standards of Disclosure of Mineral Projects. Additionally, AGP provided the first resource statement for Blue Hill. Although the initial resource estimate for Blue Hill is included in this report, it was not evaluated as part of the PEA.

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