Kipawa Deposit
A Timely, High Value and Low Cost MineA HREE deposit containing the rare elements dysprosium, terbium and yttrium. A well-defined NI 43-101 compliant indicated and inferred resource. It is open along strike and at depth. Multiple showings on the property indicate an excellent exploration upside.
A Map of the Kipawa Deposit Drill Holes:
Advantages of the Kipawa Deposit:
- Open pittable/low strip ratio
- Low cost processing solution
- Near infrastructure
- Competitive edge in Quebec
- $606 million before-tax value (NPV8%)
- 36.9% before-tax Internal Rate of Return (IRR)
- $2.8 Billion revenue
- $1.67 Billion Earnings Before Interest, Tax, Depreciation and Amortization (“EBITDA”)
- A before-tax payback period in 2.4 years
- CAPEX: $315.8 million (including contingency of $63.2 million or 25%)
- OPEX: $89.2 million per year or $16.97 / kg mixed TREO concentrate
- Mine life: 12.9 years