Wellgreen Platinum Updates PEA for PGM-Nickel Project

- February 3rd, 2015

Wellgreen Platinum Ltd. (TSX:WG) announced the results of an updated preliminary economic assessment (PEA) on its 100-percent-owned Wellgreen PGM-nickel project, located in Canada’s Yukon Territory.

Wellgreen Platinum Ltd. (TSX:WG) announced the results of an updated preliminary economic assessment (PEA) on its 100-percent-owned Wellgreen PGM-nickel project, located in Canada’s Yukon Territory.

Highlights include:

  • Average Annual Production of 208,880 Ounces Platinum, Palladium and Gold (3E), plus 73 Million Pounds of Nickel and 55 Million Pounds of Copper over the First 16 Years of Mining
  • Low All-in Sustaining Cost3 of US$457 per Ounce of 3E on a Co-Product Basis with Base Metals
  • Estimated Base Case Pre-Tax NPV7.5% of CAD$2.1 Billion and IRR of 32.2% and After-Tax NPV7.5% of CAD$1.2 Billion and IRR of 24.6%

Click here for the full Wellgreen Platinum Ltd. (TSX:WG) press release

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