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Benchmark Metals (TSX-V: BNCH) 3.6moz Rapidly Growing Deposit, Likely Take Over Target

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ADVANCING AND EXPANDING POTENTIAL FOR CANADA’S NEXT GOLD-SILVER MINE

PEA Highlights include:
- Pre-tax NPV5% of C$939M, with an IRR 31.4%, and 2-year payback
- Pre-tax Net Operating Income of C$2,157M
- Base case metal price parameters of US$1,735 per ounce of gold and US$21.75 per ounce of silver
- After-tax NPV5% of C$589M, IRR 24.1%, and 2.8-year payback

Capital light development:
- Initial capital of C$484M (including C$72.8M in contingency)
- Life of Mine capital of C$632M
- Strong 1.9:1 Pre-tax NPV5% to Initial Capex ratio
- Minimal pre-strip limited to TSF starter dam construction

Low All-In Sustaining Costs (AISC):
- US$ 786/Au oz (net of by-products)*

Mining Network:
LinkedIn: https://www.linkedin.com/company/mining-network
Twitter: https://twitter.com/MiningNetwork_
Website: https://miningnetwork.co.uk/

Category
Mining
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