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GMV tips Mexican Hat for further investment

A PEA shows an extended mine life, lower strip ratio and capex, and improved NPV for Mexican Hat

Henry Lazenby
GMV has tabled another PEA for Mexican Hat in Arizona, USA

GMV has tabled another PEA for Mexican Hat in Arizona, USA

The company has laid out a case for a low-capex, openpit heap-leach operation that generates an after-tax IRR, at a 5% discount, of 29.3% and an NPV of US$100 million. The project is expected to cost...

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