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goldenpolarbear

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Re: Fibanotch post# 424

Thursday, 04/12/2018 6:23:15 PM

Thursday, April 12, 2018 6:23:15 PM

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Kerr Mines « 600,000 ounce Copperstone gold project in Arizona is “just the beginning” as it aims for production in 2019.... »

http://www.mining-journal.com/feasibility/news/1335958/kerr-looks-to-restart-copperstone-in-2019

« ...Kerr looks to restart Copperstone in 2019
Junior Kerr Mines (CN:KER) says a positive prefeasibility study for its 600,000 ounce Copperstone gold project in Arizona is “just the beginning” as it aims for production in 2019.

The PFS points to an initial capex of US$22.7 million, thanks to the amount of infrastructure at the past-producing mine, an internal rate of return of 40% and payback within 2.3 years of the flagged 2019 start.

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