Oceanic Iron Ore says Hopes Advance project posts post-tax NPV8 of US$1.4 billion in 2019 PEA

Bitget2026/09/18 12:31

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Oceanic Iron Ore outlined development plans for its 100%-owned Hopes Advance iron ore project in Nunavik, Northern Québec.
NI 43-101 measured and indicated resource estimated at 1.36 billion tonnes grading 32.1% Fe.
2019 PEA base case used a FOB price of USD 82/tonne, projecting post-tax NPV8 of USD 1.4 billion, IRR of 17%.
At a long-term FOB price assumption of USD 101/tonne, post-tax NPV8 rises to USD 2.3 billion, IRR to 22%.
PEA forecasts life-of-mine operating costs of USD 30/tonne, citing tidewater access that eliminates the need for a railroad.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Oceanic Iron Ore Corp. published the original content used to generate this news brief via TheNewswire (Ref. ID: 202609180830TNWSWRCACNPR_____1BglFD4yY) on September 18, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Oceanic Iron Ore says Hopes Advance project posts post-tax NPV8 of US$1.4 billion in 2019 PEA

You may also like

Crypto prices