Sunday Lake Gold Presents Plans to Advance Fenelon Toward Pre-Feasibility Study

Bitget2026/10/29 17:39

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Sunday Lake Gold has funded Fenelon's pre-feasibility study through an approximately CAD 56 million private placement.
The study is expected to be completed by the end of 2027 or early 2028.
Fenelon's preliminary economic assessment estimates after-tax net present value of CAD 706 million at a USD 2,200-per-ounce gold price.
The project carries estimated initial capital costs of CAD 579 million, with an after-tax internal rate of return of 21%.
Projected annual gold production averages 107,000 ounces over a 16-year mine life.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sunday Lake Gold Corp. published the original content used to generate this news brief on October 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Sunday Lake Gold Presents Plans to Advance Fenelon Toward Pre-Feasibility Study

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