Highlights

  • A Preliminary Economic Assessment (PEA) on its flagship Cerro Las Minitas (CLM) project in Durango, Mexico returned promising economics with an AT-NPV5% of US$349M, and an AT-IRR of 18%, using US$21.95/oz silver and US$1.33/lb zinc. Spot prices are US$18.45/oz and US$1.48/lb, respectively.
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