PRELIMINARY ECONOMIC ASSESSMENT OF NORTHERN FREEGOLD’S NUCLEUS AND REVENUE DEPOSITS GENERATES $615 MILLION NPV AND 23% IRR
Northern Freegold Resources Ltd. has released the results of a National Instrument 43-101-compliant preliminary economic assessment for the Nucleus and Revenue deposits at the road-accessible Freegold Mountain project in Yukon, Canada. The project is 100% owned by Northern Freegold (the “Company”). The PEA was prepared by GeoVector Management Inc. The PEA was prepared as an open pit mining project. The project expects to yield a pre-tax net present value of $614.8 million and an...
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