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New Century Reports Outstanding Feasibility Results That Confirm A Highly Profitable, Large Scale Production and Low Cost Operation for the Century Mine Restart
Nov. 28, 2017 09:17AM PST
Base Metals Investing New Century Resources Limited (Company or New Century) (ASX:NCZ) is pleased to announce the results of the Restart Feasibility Study (RFS) for the Century Zinc Mine in Queensland. As quoted in the press release: Following the RFS outcomes, New Century Resources Managing Director Mr Patrick Walta stated: “This is a fantastic achievement by the New …
New Century Resources Limited (Company or New Century) (ASX:NCZ) is pleased to announce the results of the Restart Feasibility Study (RFS) for the Century Zinc Mine in Queensland.
As quoted in the press release:
Following the RFS outcomes, New Century Resources Managing Director Mr Patrick Walta stated: “This is a fantastic achievement by the New Century team, completing both the Restart Feasibility Study and upgrade of the Century Tailings Deposit to an Ore Reserve within just four months of listing on the ASX. The projected NPV8 of A$1.3 billion and IRR of 270% is unmatched in the mining industry and shows New Century is a significant investment opportunity providing material exposure to the zinc market.”
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