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Tuesday, 12/22/2020 2:25:12 PM

Tuesday, December 22, 2020 2:25:12 PM

Post# of 2341741
HUGE NEWS OUT!! $MDRPF Midas Gold
https://www.newswire.ca/news-releases/midas-gold-completes-positive-feasibility-study-for-the-stibnite-gold-project-idaho-873870533.html
Midas Gold (there's pages and pages of info with charts, etc...)

Over US$1 Billion Investment Set to Restore Brownfields Site, Implement State-of-the-Art Modern Mining Methods, Employ Hundreds of People and Recover nearly 120 Million Pounds of Antimony, a Critical Mineral

Expected Annual Average Gold Production of 466 thousand ounces at All-in Sustaining Costs of US$427/oz during the First 4 Years of Operation

At US$1,850/oz gold, Robust Project Economics Yield NPV (5%) of US$1.9 Billion and
Average Annual Free Cash Flow of US$594 million in the First 4 Years of Operation

VANCOUVER, BC, Dec. 22, 2020 /CNW/ - Midas Gold Corp. (TSX: MAX) (OTCQX: MDRPF) ("Midas Gold" or the "Company") announced today the results of an independent Feasibility Study (the "FS" or "Feasibility Study") and technical report (the "Report") completed on its Stibnite Gold Project ("Project") in Idaho. The Project, as envisioned in the FS, would become one of the largest and highest-grade open pit gold mines in the United States and the country's only primary producer of antimony, a critical and strategic mineral(1). The FS builds upon Midas Gold's Plan of Restoration and Operations ("PRO"), identifying a suite of operational improvements and environmental refinements to achieve the Company's key objective for the financially viable restoration and brownfields development of the Stibnite mining district.
(Continued - click on link above)
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