Lone Mountain zinc project, US
Name of the Project
Lone Mountain zinc project.
Location
Central Nevada, in the US.
Project Owner/s
Nevada Zinc Corporation.
Project Description
A preliminary economic assessment has high-lighted the strong potential economics for a low-cost, relatively simple, openpit zinc mine and flotation plant at the Lone Mountain project operating, producing and selling zinc concentrate for 12 years based on the current mineral resources. Mineral resources are estimated at 3.26-million tonnes grading 0.7% lead and 7.57% zinc.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
The project has a pretax net present value, at an 8% discount rate, of $56.4-million and an internal rate of return of 40%, with an after-tax payback of $43.2-million.
Capital Expenditure
Preproduction capital estimated $25.7-million.
Planned Start/End Date
Not stated.
Latest Developments
None stated.
Key Contracts and Suppliers
None stated.
On Budget and on Time?
Not stated.
Contact Details for Project Information
Nevada Zinc Corporation, tel +61 8 6188 2100 or email info@nsrltd.com.
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