One-year payback on Eskay Creek’s C$592m capex

The feasibility study for the Eskay Creek gold/silver project, in the Golden Triangle of British Columbia, has delivered robust economics, with an aftertax internal rate of return (IRR) of 50.2% and an industry-leading one-year payback on preproduction capital of C$592-million.

Using a gold price of $1 700/oz and a silver price of $19/oz, the project has a net present value of C$1.41-billion.