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BRIEF-Arizona Mining provides update on IRR, upgraded resource and 2020 production target
April 3, 2017 / 1:06 PM / 4 months ago

BRIEF-Arizona Mining provides update on IRR, upgraded resource and 2020 production target

April 3 (Reuters) - Arizona Mining Inc

* Arizona Mining reports 42% after-tax IRR from preliminary economic assessment, upgraded resource and production target of 2020

* Arizona Mining - based on current projections, company is targeting first production from a proposed 10,000 ton per day operation in 2020

* Arizona Mining - Hermosa project has been approved to progress to feasibility stage

* Arizona Mining Inc - "With relatively low capex and a very robust IRR", goal will be to fund Hermosa project with little to no equity Source text for Eikon: Further company coverage:

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