Carcetti Capital Releases Hemlo Mine Pre-Feasibility Study

Carcetti Capital Corp., a Vancouver-based mining company, has filed a technical report in compliance with the Canadian National Instrument 43-101, detailing the pre-feasibility study (PFS) for its Hemlo Gold Mine in Ontario, Canada. This study underpins Carcetti's acquisition of Hemlo and outlines planned operational growth and development.

The PFS highlights Hemlo's solid infrastructure and exploration potential, positioning it as a foundation for Carcetti's transition into a growth-focused Canadian mid-tier gold producer. The report forecasts an after-tax net present value of up to $1.6 billion, with an average annual production of 154,000 ounces over a 14-year mine life.

Carcetti emphasizes its commitment to responsible mining and engagement with local Indigenous communities. The company plans to leverage Hemlo’s existing systems to enhance operational margins and extend the mine's lifespan.