Pulacayo Project Feasibility Study - Apogee Silver

Pulacayo 1 000 t/d Phase I Feasibility Study - NI 43-101 Technical Report
090644-3-0000-20-IFI-100
Table 1.4: LOM Sustaining Capital Estimate
Sustaining Capex
LOM Capex, USD
Process Plant 1,484,581
Tailings Storage Facility (TSF) 5,248,294
Mining
Mining Development 16,599,077
Mining Equipment 8,450,907
Mining Services 2,682,431
Mining Backfill System 1,318,427
Site Development 10,000
EPCM 258,119
Freight Taxes and Insurance 670,074
Inventory & Commissioning 155,947
Owner Costs 3,332,000
Sub Total Sustaining Capex 40,209,855
Contingency 929,100
Total Sustaining Capex 41,138,956
Total Sustaining Capex, USD/ore t processed 11.7
1.8.2 Operating Costs
Operating costs (OPEX) were estimated in constant 2Q USD. The LOM operating cost is
USD 54.9/ton of ore processed. The OPEX includes costs for mining, processing and
general and administration. Table 1.4 presents a summary of the life-of-mine total operating
costs.
Table 1.5: LOM Total Operating Costs
Total OPEX Cost
LOM OPEX, USD
Mining 107,768,344
Processing 53,464,419
General and Administration 31,729,025
Total OPEX Costs 192,961,787
OPEX, USD/ore t mined 54.2
OPEX, USD/ore t processed 54.9
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