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Yellowhead Mining Inc. (CVE:YMI) reports positive results of a preliminary economic assessment study performed by Wardrop (NASDAQ:TTEK) ,a Tetra Tech company.
The press release is quoted as saying:
The Company estimates that using the base case prices and based on 35% equity and 65% project debt, the NPV8 is $552M with an IRR of 27.9%
The base case and alternate case metal prices are based on Wardrop’s adopted consensus forecast metal prices from the Energy Metals Consensus Forecast (EMCF). EMCF is published by Consensus Economics Inc. (Consensus Economics) of London.
Click here to access the entire news release.