Southern Silver Expedition (TSXV: SSV) intends to amount to 8 million tonnes in superficial and deep sources to the Cerro Las Minitas job in Durango, Mexico, VP of expedition Robert MacDonald claims.
The objective is to enhance the $388 million capex job’s sources to over 45 million tonnes. This will certainly be done via a presented 25,000-metre exploration program. MacDonald stated this will certainly improve its long-lasting financial possibility. The job is 900 kilometres northwest of Mexico City.
” This is just one of the biggest untaught silver tasks worldwide,” MacDonald stated last month throughout The North Miner’s International Metals Seminar.
Last June, the firm launched an initial financial analysis. It described a 17-year mine life, generating 242.7 million silver-equivalent ounces. The all-in maintaining price is anticipated at $13.23 per ounce.
The research determined an after-tax NPV of $501 million (at a 5% price cut price) and an IRR of 21.2%, with predicted profits of $4.5 billion, 45% of which originate from silver and gold.
See the complete iterview with The North Miner’s acting editor-in-chief, Colin McClelland:
JV video clips are paid-for web content in setup with The North Miner
发布者：Dr.Durant，转转请注明出处：https://robotalks.cn/jv-video-southern-silver-drills-for-cerro-las-minitas-resource-growth/
