Fredonia Mining PEA estimates $1.49B NPV for Argentina gold project
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Fredonia Mining Announces Positive PEA for EDM Highlighting 146,000 oz AuEq Annual Production, US$1.49 Billion NPV10 and 65% IRR
August 31, 2026 10:16 AM EDTTORONTO, Aug. 31, 2026 (GLOBE NEWSWIRE) -- Â Fredonia Mining Inc. (Fredonia or the Company) (TSXV: FRED) is pleased to announce the completion and results of a Preliminary Economic Assessment (PEA) and updated Mineral Resource Estimate (MRE) on its flagship 100%-owned El Dorado Monserrat (EDM) gold-silver project in Santa Cruz Province, Argentina.
EDM PEA Highlights
Significant production scale: average life-of-mine production of approximately 146,000 oz gold-equivalent (AuEq) per year over a 17+ year mine life, including approximately 183,000 oz AuEq per year during the first five years.1, 3, 4, 5Updated Mineral... More
