Sonoro Gold Corp. announced an updated mineral resource estimate and preliminary economic assessment for its Cerro Caliche gold project in Sonora State, Mexico, outlining a 10-year open-pit, heap-leach operation. The study estimates after-tax NPV (8%) of $224 million and after-tax IRR of 50% at base-case prices of $3,500/oz gold and $48/oz silver, with initial capex of $83 million and average annual production of about 46,000 gold-equivalent ounces.
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