B2Gold Corp. has released a Preliminary Economic Assessment for its Antelope deposit in Namibia, showing an after-tax NPV of US$131 million and an IRR of 35%. This indicates strong economic viability for the project and highlights its significance within the company’s mining operations.
B2Gold Corp. has announced the results of its Preliminary Economic Assessment (PEA) for the Antelope deposit, located within the Otjikoto Mine in Namibia. The assessment outlines a robust after-tax Net Present Value (NPV) at a 5% discount rate of approximately US$131 million. Furthermore, the internal rate of return (IRR) is projected at 35%, indicating a strong potential return on investment.
The Antelope deposit is situated in a promising gold mining region, where B2Gold operates the Otjikoto Mine. This PEA provides an essential evaluation of the project’s economic viability, allowing the company to assess its potential for future development. With a favorable IRR and NPV, the Antelope deposit proves to be an attractive asset for B2Gold and enhances its operational portfolio.
B2Gold’s PEA results for the Antelope deposit signify a positive step forward for the company’s operations in Namibia. With a substantial after-tax NPV and a high IRR, the project appears promising for future gold production. This assessment not only showcases B2Gold’s potential growth but also reinforces the strategic importance of the Otjikoto Mine.
Original Source: www.marketscreener.com
