Gunson Resources announced results from the Feasibility Study for the Coburn zircon project located in Western Australia

Gunson Resources announced results from the Feasibility Study for the Coburn zircon project located in Western Australia. Highlights include a total revenue estimated at $2.2 billion, with an operating cash surplus of $879 million, or $37 million per annum with a mine life period of 23.5 year. Additionaly, the study shows, on a pre tax ungeared basis, a NPV of $163 million at an 8% discount rate, with an IRR of 16.8%….more at InfoMine