The study looks at a 1,750 t/d underground mine that would produce an average of 76,000 oz. gold per year over a mine life of 11 years at all-in sustaining costs of $747 per oz.
After restarting mining at the end of July and milling in early August, following a temporary shutdown, the operation generated 3,200 gold oz. last month.
The early-stage study defined a 15-year, 11,000 t/d open pit operation, mining the Marban, Norlartic, Kierens, North-North and Gold Hawk deposits in Quebec.