| Company | Star Gold Inc. |
| Date | 2014 |
| Region | Nye County, Nevada, USA |
| Commodities | Gold, Silver |
| Mine Type | Open Pit |
| Throughput | 2,540 tpd |
| Mine Life | 4.4 Years |
| Annual Production | 907,200 tonnes |
| Status | Development |
Executive Summary
The Longstreet Gold Project Preliminary Economic Assessment (PEA) was prepared by A-Z Mining Professionals Ltd. for Star Gold Inc. in 2014. The study is based on a mineral resource estimate by Agnerian Consulting Ltd. dated December 15, 2013. The project is located in Nye County, Nevada, within the Monitor Range. The deposit is an oxide gold-silver epithermal system suitable for open pit mining and heap leaching.
The PEA identifies a diluted mineral resource of 3.8 million tonnes at 0.714 g/t Au and 16.97 g/t Ag for Indicated Resources. The proposed mine life is 4.4 years with an annual throughput of 907,200 tonnes. The project requires pre-production capital of approximately $25.3 million and has estimated operating costs of $15.63 per tonne. Economic returns include an after-tax IRR of 21% and an NPV (10%) of $7 million.
Processing involves two-stage crushing (Jaw and Cone) followed by heap leaching with cyanide. Gold and silver are recovered via a Carbon-in-Column (CIC) adsorption circuit, desorption, and refining. Key risks include water sourcing, gold price variations, and permitting within the Inventoried Roadless Area.
Reports
Entities
Concepts
Website: https://stargoldcorp.com/project
Report Date: 2014
Region: Nye County, Nevada, USA
Project Status: Development
Commodity: Gold, Silver
Throughput: 2,540 tpd
Mine Life: 4.4 Years
Mine Type: Open Pit
Ore type:
