Canadian mineral exploration and development company Arizona Mining has published robust economics from a preliminary economic assessment (PEA) for its Taylor zinc/lead/silver sulphide deposit, located on the 100%-owned Hermosa project, in Arizona.
The PEA, published Monday and prepared by Canada-based AMC Mining Consultants, has calculated an after-tax net present value, using an 8% discount rate, of $1.26-billion, with a robust internal rate of return (IRR) of 42%.