Allied Nevada +4.7% on Hycroft expansion pre-feasibility study results

|About: Allied Nevada Gold Corp (ANV)|By:, SA News Editor

Allied Nevada Gold (ANV) +4.7% AH after announcing Hycroft mill expansion pre-feasibility study results, including 26.5% internal rate of return and $1.7B net present value.

Average annual production for the first five years of full production (2018-22) to total ~450K oz. of gold and 21M oz. of silver, or ~800K gold equivalent oz.

Average adjusted cash costs per oz. for the first five years of full production at $478/year, with a mining and processing life of 20 years.