Lumina Copper’s PEA for Taca Taca Suggest NPV of $2.1 Billion

Lumina Copper Corp (TSXV:LCC) announced PEA results for its Taca Taca copper/gold/molybdenum project in northwestern Argentina, which suggest good economic potential.

As quoted in the press release:

 The results of the PEA show that a mining and sulfide concentrating operation at TacaTaca (the “Project”) has favourable economic potential generating, at an 8% discount rate and $2.75/lb copper price, an estimated after tax net present value of $2.1 billion and an estimated after tax internal rate of return (“IRR”) of 17.2%.

To view the whole press release, click here.