RETRANSMISSION: AMEX Exploration Delivers Exceptional PEA on Perron Gold Project
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Amex Exploration Inc. has released a Preliminary Economic Assessment (PEA) for its Perron gold project, showing a pre-tax IRR of 59.5% and an NPV of C$948 million at a gold price of US$2,000/oz. The project is expected to produce an average of 124,000 oz of gold annually for the first five years of a 10-year life of mine.
November 13, 2024 | 11:15 am
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Amex Exploration's PEA for the Perron gold project indicates strong financial metrics with a pre-tax IRR of 59.5% and NPV of C$948 million, suggesting potential for significant revenue generation.
The PEA results show strong financial metrics, which are likely to positively impact investor sentiment and the stock price of Amex Exploration. The high IRR and NPV suggest the project is economically viable, potentially leading to increased investor interest and stock price appreciation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100