Patagonia Gold posts US$334m NPV for Calcatreu
Preliminary economic assessment shows US$334 million after-tax NPV (10%), a 282% IRR and a 16-year mine life, the company said.
Mateo Fernandez ·
Patagonia Gold released a preliminary economic assessment for its Calcatreu gold-silver project showing a US$334 million after-tax NPV at a 10% discount rate, which the company said underpins a 16-year mine plan.
Reaction pending.
PEA shows 282% IRR
The company reported a 282% internal rate of return and outlined what it called additional exploration potential across the Calcatreu district. Officials said the PEA is preliminary and intended to test the project’s scale and economic sensitivity rather than to serve as a final development decision.
The statement supplied only headline economics: the after-tax NPV at a 10% discount, the IRR and the 16-year life. The company provided no production profile, capital expenditure or operating-cost figures in the release, and did not include an independent technical report in the announcement.
The PEA will be a reference point for financiers and potential partners assessing whether to advance permitting and larger-scale drilling.
If the company secures funding and regulatory approvals, the project’s economics would be tested by metal price shifts and capital cost estimates; if it fails to attract capital, the plan would remain on hold.
Officials said the company intends to pursue further work and report progress by March 31, 2027.