Stocks in play: Benchmark Metals Inc.

·1 min read

Reported the completion of a Preliminary Economic Assessment ("PEA") on the Lawyers Gold-Silver Project (the "Project") located within a road accessible region of the prolific Golden Horseshoe area of north-central British Columbia, Canada. The PEA presents a robust open pit mining operation with attractive economics at base case gold and silver prices. PEA Highlights: Robust financial metrics in a desirable location; Pre-tax NPV5% of C$ 921M, IRR 30.5%, and 2.1-year payback; Pre-tax Net Operating Income of C$ 2,140M; Base case metal price parameters of US$ 1,735 per ounce of gold and US$ 21.75 per ounce of silver; After-tax NPV5% of C$ 577M, IRR 23.5%, and 2.7-year payback. Benchmark Metals Inc. shares V.BNCH are trading unchanged at $0.61.

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