First Mining Gold (TSE: FF- OTCQX: FFMGF) CEO Dan Wilton joined Steve Darling from Proactive to shares news the company has released a Pre-Feasibility Study on their 100% owned Springpole Gold Project in northwestern Ontario, Canada. Wilton telling Proactive shows a 36.4 percent IRR, 29.4 percent after-tax IRR.
The project is expected annual production greater than 300,000oz with a CAPEX of less than a 1Billion. He also noted the after-tax payback will be 2.4 years.
Story by ProactiveInvestors
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