Doré Copper Mining Corp EO Ernest Mast tells Proactive the company's aim to become a significant copper producer in Quebec has moved a step closer as the firm unveiled a positive preliminary economic assessment for a restart at the Chibougamau mining camp. Using base case prices of US$3.75 per pound of copper and US$1,820 per ounce of gold, the 10.5-year project would generate 492 million pounds (Mlbs) of copper, 142,000 ounces of gold, and have a pre-tax net present value (NPV) of C$367 million and 30.7% internal rate of return (IRR).
Doré Copper Mining marks "major accomplishment" with release of positive PEA for Chibougamau restart
