Iron Mountain Mine: Feasibility Study. Since the 1970s, over 23.5 million pounds of copper and zinc has flowed out of the Iron Mountain Mine due to mining activities (Sickles 2013). Pollution from mines is disastrous because they contaminate the nearby river systems.
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The PFS supports a technically straightforward open pit mine and heap leach operation, with rapid payback and strong financial return. The financial study was conducted using $1,400/oz gold and $17.11/oz silver. Reserves that provide the basis for the financial study were conducted at $1,250/oz gold and $15.30/oz silver.
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