Doubleview Gold's PEA Shows Strong Economics for Hat Project in British Columbia
Doubleview Gold Corp's preliminary economic assessment of the Hat porphyry project in British Columbia reveals a post-tax net present value of up to C$6.94 billion and an internal rate of return of up to 23%. The project is a significant North American source of copper, cobalt, and scandium, with estimated resources including 2.42 billion pounds of copper and 80 million pounds of cobalt. The PEA supports a 25-year mine life, projecting strong production metrics and cash flow generation.
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Doubleview Gold Corp's preliminary economic assessment (PEA) of the Hat porphyry project in British Columbia indicates a post-tax net present value (NPV) of C$6.94 billion and an internal rate of return (IRR) of 23%. The project contains approximately 2.42 billion pounds of copper, 80 million pounds of cobalt, and 2,415 tonnes of scandium oxide.
It plans for a conventional open-pit mine with a 25-year life and a processing capacity of 120,000 tonnes per day. Over the first ten years, it is expected to produce over 74,000 tonnes of copper, 254,000 ounces of gold, 376,000 ounces of silver, and 2,700 tonnes of cobalt annually.
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