Altaley Mining CEO Ralph Shearing joined Steve Darling from Proactive to share news the company has filed an updated technical report, including a Preliminary Feasibility Study for the Tahuehueto Project in Mexico. Shearing told Proactive the 2022 PFS improves 2017 PFS increasing throughput to 1,000 tonnes per day returning a post-tax NPV of NPV of $161.3 million. IRR of 65% with a 2-year payback period (5% discount rate). Shearing also said proven & probable reserves of 3.58 million tonnes grading 2.55g/t gold, 50.06 g/t silver, 1.92% zinc, 1.11% lead, 0.26% copper.
Altaley Mining releases improved Preliminary Feasibility Study on Tahuehueto Project
