First Mining Announces Positive Pre-Feasibility Study for the Springpole Gold Project, Ontario, Canada
Pre-Tax NPV5% of US$1.5 billion, Pre-Tax IRR of 36%Pre-Tax NPV5% of US$1.5 billion, Pre-Tax IRR of 36%
After-Tax NPV5% of US$995 million, After-Tax IRR of 29%
Average Annual Gold Production of 335,000 ounces and AISC of US$577/oz in Years 1 through 9