Bravada Gold's Wind Mountain Project Shows Enhanced Economics in Updated PEA
Bravada Gold Corporation has released an updated Preliminary Economic Assessment (PEA) for its Wind Mountain Gold-Silver Project in Northern Nevada. The 2026 PEA demonstrates significantly enhanced economics compared to the Prior PEA, with a base case after-tax NPV of US$415 million and an after-tax IRR of 60% at a gold price of US$3,600/oz and silver price of US$48/oz.
The project has an estimated mine life of 11.2 years, producing an average of 40.7 koz gold and 280 koz silver per year. The all-in sustaining cost is US$1,653/oz, with a cash cost of US$1,504/oz. The total project capital is estimated at US$139 million, consisting of initial and sustaining capital.
Wind Mountain benefits from existing infrastructure, including a paved access road, power substation, and proximity to labor. The updated Mineral Resource Estimate includes 56 million tonnes of Indicated resources and 40 million tonnes of Inferred resources, with average gold recoveries of 62% and silver recoveries of 15%. Dr. Paul West-Sells, President and CEO of Bravada, stated that the project remains a low-risk, near-term production opportunity.