Bravada Gold Corporation released an updated Preliminary Economic Assessment (PEA) for its Wind Mountain Gold-Silver Project in Nevada. The study reports an after-tax net present value (NPV) of US$415 million. It estimates an internal rate of return (IRR) of 60%.
These calculations assume metal prices of US$3,600 per ounce for gold and US$48 per ounce for silver. The project is designed as an 11.2-year open-pit and heap-leach operation. Initial capital expenditure is estimated at US$98.1 million.
Bravada Gold will begin a metallurgical test program and additional drilling in the fourth quarter of 2026. The company plans to use these results for a Pre-Feasibility Study (PFS) targeted for the second half of 2027.