Freeman Gold feasibility study pegs Lemhi post-tax NPV at US$696M

Freeman Gold Corp. (TSXV: FMAN) delivered an NI 43-101 Feasibility Study for its 100%-owned Lemhi Gold Project in Idaho, prepared by Ausenco Engineering Canada ULC.

The study confirms a 1.0 million ounce Proven and Probable mineral reserve, a post-tax NPV (5%) of US$696 million and an IRR of 34.4% at a base case of US$3,650 per ounce gold over a 15.2-year mine life. The company said the result triples project value versus its 2023 PEA.

Source: https://investingnews.com/freeman-gold-delivers-feasibility-study-for-the-lemhi-gold-project-confirming-1-million1-ounce-proven-and-probable-reserve-us-696-million-post-tax-npv-34-4-irr-and-15-year-mine-life-using-base-case-36/