Getchell Gold files Fondaway Canyon PEA with US$ 1 billion pre-tax NPV8%

Reuters2026/09/04 03:57

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Getchell Gold filed a preliminary economic assessment for Nevada’s Fondaway Canyon gold project, outlining a 12,000 tpd open-pit mine.
Base case economics at USD 3,200/oz gold: pre-tax NPV8% USD 1 billion, pre-tax IRR 58.8%; after-tax NPV8% USD 905 million, IRR 53.1%.
Initial capital estimated at USD 265 million; pre-tax payback estimated at 1.6 years.
Mine plan targets 1.52 million recovered ounces over 10 years; average annual output estimated at 150,000 oz; recovery to sold metal 80%.
Life-of-mine operating cost estimated at USD 1,373/oz; cash cost estimated at USD 1,740/oz; concentrate sales modelled to third-party processing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Getchell Gold Corp. published the original content used to generate this news brief on September 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Getchell Gold files Fondaway Canyon PEA with US$ 1 billion pre-tax NPV8%

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