Gran Colombia Gold changed its name to GCM Mining. The updated Toroparu PEA confirms the world-class potential of the project. Toroparu should reach an average annual production rate of 225,000 toz gold, at an AISC of $916/toz, over the 24-year mine life.
At a gold price of $1,500/toz, the after-tax NPV(5%) equals $794 million.
GCM Mining remains one of the most undervalued gold miners.
$TM Well; GCM Mining Announces Multiple High-Grade Drill Results From the Ongoing 2021 In-Mine and Brownfield Drilling Campaigns at Its Segovia Operations; Success Continues on the Brownfield Projects Including 62.34 g/t Au and 37.3 g/t Ag Over 0.40 Meters From Initial Drilling at the La Guarida Vein December 16, 2021
$Davos Is Making The Central Bank Case For Gold BY TYLER DURDEN - MONDAY, DEC 06, 2021 - 06:30 AM Authored by Tom Luongo via Gold, Goats, 'n Guns blog,