Minnova Announces Positive Preliminary Economic Assessment for the PL Gold Mine Restart: After-Tax NPV5% of US$181 Million and 111% IRR at US$3,000/oz Gold, Rising to US$439 Million at US$4,000/oz

At a glance

PEA Highlights (base case US$3,000/oz gold; all figures in US dollars, after tax unless stated)Robust economics at a conservative base-case gold price: after-tax net present value at a 5% discount rate ("NPV5%") of US$180.6 million, after-tax internal rate of return ("IRR") of 111% and payback of 0.7 years from the start of production at US$3,000/oz gold, the same price used for the 2026 Mineral Resource Estimate.Strong leverage to gold price: after-tax NPV5% of US$310.8 million (IRR 152%) at...

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