PRECIOUS METALS

First Mining releases Duparquet PEA

First Mining Gold has announced a preliminary economic assessment for its Duparquet gold project in the Abitibi region of Quebec, Canada for a 15,000tpd open pit and underground mining operation.

 First Mining Gold's Duparquet in Quebec, Canada

First Mining Gold's Duparquet in Quebec, Canada

Duparquet would produce 233,000ozpa of gold at an all-in-sustaining cost of US$976/oz for 11 years. It would yield an after-tax net present value (NPV) of C$588 million at a 5% discount rate with an 18%...

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