Mining & Metals - Montreal, Quebec, Canada
Yorbeau Resources (TSX:YRB) is a Canadian public company involved in mineral exploration in Quebec, Canada. Its properties are located in the northwestern area of the province recognized worldwide for its large number of significant base and precious metal deposits. Results of the recent Preliminary Economic Assessment at the zinc-copper Scott project indicate positive economics with anticipated net revenues of nearly $2 billion, a pre-production capital expenditure of $215 million, a net pre-tax cash flow of $519 million, an Internal Rate of Return ("IRR") of 16.6%, a pre-tax Net Present Value ("NPV") of $146 million at an 8% discount rate, and a mine life of 15 years.
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