CSA Global congratulates its client, RTG Mining on its positive results released in the Feasibility Study for the MABILO COPPER‐GOLD PROJECT
18 March 2016
RTG Mining Inc. (“RTG”, the “Company”) (TSX Code: RTG, ASX Code: RTG) is pleased to announce the results from an independent Feasibility Study (“FS”) for 100% of the high grade Mabilo Copper/Gold Project (the “Project”) in southeast Luzon, Philippines. The Feasibility Study demonstrates the potential for Mabilo to outperform, specifically reinforcing the resilience of the Project despite current commodity prices. The Project is both high grade and low cost underpinning the robust economics presented in the FS including a 33% IRR after tax (43.6% with only a 10% lift in commodity prices) and an equivalent operating cost of US$0.80/lb copper equivalent or US$425/oz gold equivalent for concentrate production.
SOURCE: RTG MINING INC.
DATE: 18 MARCH, 2016