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Moss Lake PEA posits $440 million cash flow

from Canadian Mining Journal

Moss Lake Gold Mines of Toronto says the preliminary economic analysis of its Moss Lake gold property 100 kilometres west of Thunder Bay point toward a project that will have an after tax cash flow of $440 million during a 10-year mine life. The project is estimated to have a net present value of $196 million at a 5 per cent discount rate after taxes. more


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