Bravada Gold Files PEA for Wind Mountain Gold-Silver Project
Bravada’s Nevada project delivers a 60% internal rate of return and $415 million net present value on a low-cost heap-leach plan.
Bravada Gold Corporation formally filed the NI 43-101 technical report for the Preliminary Economic Assessment (PEA) of its 100%-owned Wind Mountain Gold-Silver Project in Nevada on SEDAR+ on October 16, 2026. This filing serves as the formal regulatory submission of the PEA update previously announced on August 31, 2026, which presented identical economic metrics.
The PEA outlines a low-capital, brownfield heap-leach development with an after-tax NPV(5%) of US$415 million and an after-tax IRR of 60% at base-case metal prices of $3,600/oz gold and $48/oz silver. The project features an initial capital cost of US$98.1 million, an average annual production of 44,400 oz gold equivalent, and a rapid 2.0-year after-tax payback period over an 11.2-year mine life. All-In Sustaining Costs (AISC) are projected at US$1,653/oz with an exceptionally low strip ratio of 0.20:1.
Bravada Gold Corporation (BVA) filed a document confirming the economic viability of its Wind Mountain project, though the release introduced no new data or surprises relative to the August 31 announcement. Key metrics, including net present value (NPV), internal rate of return (IRR), payback period, and all-in sustaining costs (AISC), remain unchanged, indicating the company is fulfilling regulatory reporting requirements following the initial market release. The news is expected and incremental, serving to validate the August update rather than shift market expectations. No material change to the company's valuation or strategic trajectory is introduced by this routine filing.
Bravada Gold Corporation is a junior mining company focused on the development of the Wind Mountain Gold-Silver Project in Northern Nevada, a mining-friendly jurisdiction. The project is a brownfield site with historical production from 1989 to 1999 by AMAX and Kinross, totaling 299,000 oz of gold and 1.77 million oz of silver.
The PEA envisions a run-of-mine heap-leach operation with a 25,000 short tons per day processing rate, utilizing existing infrastructure such as pits, roads, power, and waste dumps to minimize capital and permitting risks. The company holds 184 claims covering approximately 1,490 hectares, with additional exploration targets including North End, South End, and historic leach pads.