G2 Goldfields Inc. filed a technical report supporting a preliminary economic analysis and updated mineral resource estimate for the Oko Gold Project in Guyana. The report shows high-grade resources, a 14-year operation with significant production, and attractive economics. Initial capital expenditures are $664 million, with an after-tax NPV of $2.5 billion and an IRR of 38%. CEO Daniel Noone highlights the robust margins and rapid payback of the project. The PEA is preliminary and includes Inferred resources, with no certainty of realization. Non-GAAP financial measures like AISC and cash costs are explained in detail in the report.

Source: Globe Newswire

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