What’s next at Terronera

► Terronera has the potential to become Endeavour’s next core asset and its largest and lowest cost mine

► The Final 2020 Pre-Feasibility Study highlights the robust economics of this high grade vein system

► After tax NPV 5% = $137 million, IRR = 30%, Payback Period = 2.7 years at base case prices of $1,419 gold and $15.97 silver

► $0.00 per oz Cash Cost, $2.10 per oz MAISC, $99 million initial capex

► 1,600 tpd capacity underground mine and floatation plant producing high grade bulk sulfide concentrates

► 3.0 million oz per yr silver and 33,000 oz per yr gold for 10 year initial mine life

View original article here Source