Preliminary Economic Assessment (PEA) – Capital Structure for the Independence Project

The purpose of the Preliminary Economic Assessment (PEA) is to identify the economic viability of a specific mining project. For example, the PEA describes the net present value of the project at various gold prices, the internal rate of return and the projected payback period. It also includes a number of other statistics such as life-of-mine, pre-production capital costs, processing facility throughput, average diluted mill head grade, average annual production among other parameters.

PEA is separate and distinct from both PFS and FS, which are more comprehensive studies.

The PEA demonstrates the potential viability of mineral resources, not the full technical or economic viability of a project.

Below are various reports investors will want to review about the Independence project run by Cibolan Gold Corporation, Nevada.

To download a PDF version of the reports, please visit our corporate information page.