SolGold has managed to slash the upfront cost of the 100% owned Cascabel project in Ecuador while exploring the potential sale of the property. A new pre-feasibility study shows a reduction in the initial capital cost, with estimated pre-production capital at $1.55 billion.
SolGold has managed to reduce the upfront cost of its Cascabel project in Ecuador by over $1 billion. The pre-feasibility study shows a reduction in the initial capital cost , with estimated pre-production capital at $1.
55 billion. The project has a net present value of $3.2 billion and an internal rate of return of 24%. The study also incorporates a phased block cave development strategy to optimize project development.
Solgold Cascabel Project Ecuador Pre-Feasibility Study Upfront Cost Capital Cost Net Present Value Internal Rate Of Return Block Cave Development
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