https://www.vitgoldcorp.com/site/assets/files/6481/pr-exploration-191210.pdf
Highlighted trench intersections from Raven include:
• 6.64 g/t Au over 10.0 meters in TR-19-13,
• 7.91 g/t Au over 12.0 meters in TR-19-15, and
• 1.12 g/t Au over 60.0 meters in TR-19-07.
and...
Results from the Eagle Technical Report include:
• Reserves increase from 2.7 Million to 3.3 Million ozs Au
• Annual production increases from 200,000 ozs to 220,000 ozs Au
• Cash Cost1 per Au ounce: US$577
• All-in Sustaining Cost (“AISC”)2 per Au ounce: US$774
• Post tax Net Present Value @ 5% discount = C$1,034 million
1. Cash Cost include: mining, processing and general & administrative costs.
2. AISC include: Cash Costs plus refining, royalties, sustaining capital, reclamation, corporate and sustaining
exploration costs.
3. See Non-IFRS Measures disclosure at the end of this press release.
- Some of the less friendly observers have determined that we will abandon our principles and reveal ourselves as shallow cynical exploiters. We must disappoint them... quite simply put, we walk our talk -
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