Based on the production targets advised by consultants, and at current pricesfor gold (US$2,600/oz), silver (US$30/oz), and antimony (US$25,000/t), andpayables for contained metal in the gold-silver-antimony concentrate offered bypotential buyers (55%, 65%, and 57% respectively), revenue for thisconcentrate could be in the order of US$84 million per year for the 9 year minelife for the first stage, open pit operation.
The potential sales value of contained antimony in the gold-silver-antimonyconcentrate could now be over US$40 million per year more than assessed inMarch 2023, demonstrating its growing importance to the La Demajaguaproject.
The income for this antimony-rich concentrate will be in addition to thatreceived for ~47,000oz Au per year forecast to be contained in the gold doré.
AAU Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held
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