Examples of Pre-Feasibility Study in a sentence
The confidence level of the study will be higher than that of a Pre-Feasibility Study.
Further information in respect of the Company’s Pre-Feasibility Study is available in the full National Instrument 43-101 (“NI 43-101”) technical report on the Company’s website (www.oceanicironore.com) and on SEDAR (www.sedar.com).
A Pre-Feasibility Study is at a lower confidence level than a Feasibility Study.
This would result in 418,000 ounces of gold production over a 5.3-year mine life.The Cerro Quema Report, which contains the 2014 mineral resource and mineral reserve estimate and Pre-Feasibility Study, was filed on SEDAR by Pershimco Resources Inc.
Upon announcement of the Pre-Feasibility Study (“PFS”) on March 4, 2021, First Mining received US$7.5 million ($9.8 million) from First Majestic, with US$3.75 million ($4.8 million) paid in cash and the remaining US$3.75 million ($5.0 million) paid in 287,300 common shares of First Majestic (“Tranche 2”).