Cordoba Minerals CEO Sarah Armstrong-Montoya joined Steve Darling from Proactive to share news the company has released a positive Preliminary Feasibility Study for the Alacran Deposit on the San Matias Project in Colombia.
Armstrong-Montoya telling Proactive the numbers are very good with an after-tax NPV8 of $415.1 million and IRR of 25.4%, representing a 2.9-year payback. 22,000 tonnes per day open-pit mining operation, with an average annual production of 68.8 Mlbs copper, 55 koz gold, and 386 koz silver, over a 13-year Life of Mine