From The Precious Metals Summit Beaver Creek, Victor Cantore, President and CEO of Amex Gold Mining Inc. (TSXV: AMX), joins us to discuss the company’s high-grade Perron Gold Project in Quebec.
Victor covers the permitted 40,000-tonne bulk sample, the Champagne Zone’s 16-gram-per-tonne gold grade and Phase One economics, including C$194 million in initial capital, US$910-per-ounce operating costs and a six-month payback period. He also discusses the project’s projected C$2.492 billion in pre-tax free cash flow, Eldorado Gold’s 27% ownership and upcoming development milestones.
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