Sunday Lake Gold Presents Fenelon Pre-Feasibility Study Plans

Bitget2026/11/04 16:58

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Sunday Lake Gold has funded Fenelon's pre-feasibility study, targeting completion at the end of 2027 or start of 2028.
A roughly CAD 56 million private placement closed May 22, 2026, will finance the study.
Fenelon's preliminary economic assessment estimates an after-tax net present value of CAD 706 million at a 5% discount rate.
Initial capital is estimated at CAD 579 million, with an after-tax internal rate of return of 21%.
The 16-year mine plan targets average annual gold production of 107,000 ounces, assuming a gold price of USD 2,200 per ounce.

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. Sunday Lake Gold Corp. published the original content used to generate this news brief on November 04, 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.

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Sunday Lake Gold Presents Fenelon Pre-Feasibility Study Plans

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