• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Base Metals Market
    Base Metals News
    Base Metals Stocks
    • Base Metals Market
    • Base Metals News
    • Base Metals Stocks
    market news

    Adventus Updates El Domo Resource Estimate, Releases PEA

    Olivia Da Silva
    May. 02, 2019 12:20PM PST
    Base Metals Investing

    Adventus Zinc has released an updated mineral resource estimate and results of a preliminary economic assessment for the El Domo volcanogenic massive sulphide deposit in the Curipamba project.

    Adventus Zinc (TSXV:ADZN,OTCQX:ADVZF) has released an updated mineral resource estimate and results of a preliminary economic assessment (PEA) for the El Domo volcanogenic massive sulphide deposit in the Curipamba project.

    Highlights from the PEA include an after-tax net present value of US$288 million, a total capital cost of US$289 million and an after-tax internal rate of return of 40 percent.

    Christian Kargl-Simard, Adventus President and CEO, commented:

    “The positive results of the independent PEA support the significance of the El Domo deposit within the Curipamba project. El Domo’s attractive economics compare well with other copper development projects globally across valuation metrics, including cash cost, IRR and capital cost. In particular, the potential free cash flows from El Domo over the first 6 years of mine life offer compelling returns when compared with larger and more capital-intensive projects. Adventus plans to continue engineering and project development activities to further advance El Domo towards a future construction decision.

    In parallel, our exploration team has commenced an airborne geophysical survey over the 21,500-hectare Curipamba project for the first time and expect to actively evaluate and drill new targets in 2019. We would like to thank our partner Salazar Resources Limited, as well as the team of independent consultants who have been instrumental in our progress on El Domo and the Curipamba project to date.”

    Click here to read the full press release from Adventus Zinc.

    tsxv:adznadventus zincmarket news
    The Conversation (0)

    Go Deeper

    AI Powered
    Adavale Resources

    Adavale Resources

    Los Andes Copper (TSXV:LA)

    Los Andes Copper

    Latest News

    Notice of General Meeting

    Empire Metals Limited Announces Interim Results

    CoTec Holdings Corp. Notes HyProMag USA Press Release Regarding Capacity Expansion Concept Study

    Silver47 Highlights Expansive High-Grade Gold and Silver System at the Kennedy Project, Nevada

    FPX Nickel Completes Additional Large-Scale Mineral Processing Pilot Testwork to Produce Awaruite Concentrate to Support Discussions with Prospective EV Battery Supply Chain Partners

    More News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×