Commodities
DLP's Aurora Copper-Molybdenum Project Shows Strong Economic Potential
DLP Resources Inc. has announced positive results from its Preliminary Economic Assessment (PEA) for the Aurora Copper-Molybdenum Project in Peru.
The PEA establishes Aurora as a large-scale, long-life copper-molybdenum asset with significant multi-phase expansion potential.
The base case after-tax net present value (NPV8%) is $2.703 million, and the after-tax internal rate of return (IRR) is 18.5% with a payback period of 5.2 years from start of production.
Using long-term commodity price assumptions, Aurora's average annual production would be 90.5 million pounds payable copper, 37.4 million pounds payable molybdenum, and 1.21 million ounces payable silver.