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An update from Investigator Resources Ltd ( (AU:IVR) ) is now available.
Investigator Resources Ltd has delayed the completion of its Definitive Feasibility Study (DFS) for the Paris Silver Project to mid-2025 to optimize power generation, tailings management, and mine costs. Despite increased mining and processing costs affecting initial financial metrics, the company believes there are significant opportunities to enhance the project’s value. Concurrently, exploration efforts continue at the Paris site and Curnamona, with completed drilling programs and surveys identifying new targets. Corporate activities include asset sales, generating $1.875 million in cash and royalties, positioning the company with $2.7 million in cash as of December 2024.
More about Investigator Resources Ltd
Investigator Resources Ltd operates within the mining industry, focusing primarily on silver exploration and development. The company is advancing its 100% owned Paris Silver Project located on the Eyre Peninsula in South Australia. It is also engaged in exploration activities in the Uno Morgans and Curnamona regions, aiming to expand its resource base and operational footprint.
YTD Price Performance: 20.0%
Average Trading Volume: 40,217
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €23.9M
Learn more about IVR stock on TipRanks’ Stock Analysis page.
