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Benchmark Metals completes positive PEA on Lawyers Project in British Columbia

Benchmark Metals completes positive PEA on Lawyers Project in British Columbia

Benchmark Metals President Jim Grieg joined Steve Darling from Proactive to share news the company has releases a preliminary economic assessment for its Lawyers gold-silver project in British Columbia. Greig telling Proactive the PEA calls for aa open-pit mining operation of Pretax net present value of 921-million and an internal rate of return of 30.5 per cent and 2.1-year payback. Total resource production of 46.3 million tonnes over 12-year mine life and an Initial capital cost of 493-million dollars. Grieg also says the company anticipates all necessary inputs for the Feasibility Study to be complete by Q2 2023, with delivery of the final FS report in Q4 2023.

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