Greg Johnson, president and CEO of Wellgreen Platinum, weighs in on the PEA for the company’s Wellgreen project.
Last week, Wellgreen Platinum (TSX:WG) hit an important milestone with the release of a preliminary economic assessment (PEA) for its Wellgreen project in Canada’s Yukon. The study considers a four-phase, open-pit operation with some selective higher-grade underground mining over a 25-year mine life. Average annual production of 208,880 ounces of PGMs and gold, 73 million pounds of nickel and 55 million pounds of copper is expected over the first 16 years of mining. Total life-of-mine production is set at 4.4 million ounces of PGMS and gold, 1.7 billion pounds of nickel and 1.1 billion pounds of copper.
To learn more about the PEA, Resource Investing News spoke with Greg Johnson, Wellgreen’s president and CEO. He elaborated on highlights from the study, noting that it shows that the project “has the potential to be one of the largest and lowest-cost platinum-palladium-nickel producers globally.” Watch the video for more of what Johnson had to say.
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.