PEA Summary

 

US$

CDN$

Pre-Tax NPV (5%)

$597 Million

$758 Million

Pre-Tax IRR

34%

34%

After-Tax NPV (5%)

$367 Million

$466 Million

After- Tax IRR

25%

25%

Pre-Tax Payback Period

2.3 years

After-Tax Payback Period

2.8 years

Average Annual Production

(over the first 10 years)

188,500 ounces per year

Preproduction Capital

$380 Million

$483 Million

LOM Average Cash Cost

$557 per ounce

$707 per ounce

LOM Average AISC – All in Sustaining Costs

$595 per ounce

$756 per ounce

Mine Life

11 years

 

Throughput (tpd) –

Mill and Heap Leach

7,500 tpd / 9,000 tpd

 

Mill Grade & Recovery

2.2 g/t Au / 95%

 

Heap Leach Grade & Recovery

0.5 g/t Au / 53%

 

Initial Production

2022

 

Gold Price

$1,250

$1,588

FX Rate (CDN$/US$)

0.787

 

Latest News

Jul 19, 2018
Marathon Announces Closing of C$8 Million Bought Deal Financing
Jun 28, 2018
Marathon Announces C$8 Million Bought Deal Offering
Jun 25, 2018
Marathon’s Latest Sprite Zone Bog Drilling Returns 6.17 g/t Au over 49.0 me...

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