Eros Resources Corp. TSX-V:ERC
Mining & Metals - Vancouver, British Columbia, Canada
Eros Resources Corp. TSX-V:ERC Employees
Eros Resources Corp. TSX-V:ERC Details
Eros Resources Corp. is a Canadian public company. Eros' business objective is the identification, acquisition and exploration of advanced projects with a North American focus.Another focus of the Company is to make strategic investments with a global focus and a diverse commodity base. The Company's expertise in the resource sector supports the selection of these strategic investments.----------------------------------------------------------------Current Key Project on a development site is Bell Mountain - Permitting Stage Gold Mine Development - Reno, NevadaAbout Bell Mountain - Permitting Stage Gold-Silver Mine Development ProjectThe 100% owned Bell Mountain Gold-Silver project is located near Fallon, Nevada. A preliminary economic assessment was completed on the property in 2017 (the press release of October 11, 2017). The highlights of the PEA, which has not been updated for current gold and silver pricing, include:Pre-tax net present value ("NPV" @ 5% and internal rate of return ("IRR") of $17.6 million and 41.4% respectively, along with a payback period of 1.7 years, using a USD $1,300/oz price of gold and a USD $17.50/oz price of silver.After tax NPV @ 5% and IRR of $9.3M and 24.7% respectively, with a payback period of 2.7 years.4 year mine life, with total production of 60,056 ounces of gold and 408,498 ounces of silver, before expansion based on renewed exploration.Life of mine cash cost of $759 per produced ounce, net of by-product silver and including royalty payments totalling $2.56 million.For further details, please refer to our company website.
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