- Micro-cap gold and silver developer, Bravada Gold (TSXV: BVA) (OTCQB: BGAVF), filed a technical report on the preliminary economic assessment of its 100%-owned Wind Mountain project in Nevada, USA.
- Average annual production is estimated at 44,400 ounces of gold equivalent over an 11.2-year mine life.
- Bravada Gold stock last traded at C$0.76 and has added 137.50% year-over-year.
Micro-cap gold and silver developer, Bravada Gold (TSXV: BVA) (OTCQB: BGAVF), filed a technical report on the preliminary economic assessment (PEA) of its 100%-owned Wind Mountain project in Nevada, USA.
The past-producing project includes a heap-leach mine, as well as road and power access, supporting expected average annual production of 44,400 ounces of gold equivalent over an 11.2-year mine life.
This article is a journalistic opinion piece which has been written based on independent research. It is intended to inform investors and should not be taken as a recommendation or financial advice.
All-in sustaining costs are set at only US$1,653 per ounce, leveraging a low 0.20:1 strip ratio, with initial capital costs of C$98.1 million expected to be paid back on an after-tax basis in only 2 years.
These specifications work out to an after-tax net present value (5%) of US$415 million (C$593 million), supposing base cases of US$3,600 per ounce of gold and US$48 per ounce of silver, putting the project on a de-risked path to near-term production.
According to the PEA’s August news release, Bravada intends to release a pre-feasibility study for Wind Mountain by the second half of 2027.
About Bravada Gold
Bravada Gold is a mining exploration and development company active in Nevada. The company is ushering its Wind Mountain gold and silver project towards production, while advancing a portfolio of exploration and royalty properties across the state’s top gold trends.
Bravada Gold stock (TSXV: BVA) (OTCQB: BGAVF) last traded at C$0.76 and has added 137.50% year-over-year.
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