Southern Silver Exploration (TSE:SSV) has released an update.
Southern Silver Exploration Corp. has released an optimistic Preliminary Economic Assessment for its wholly-owned Cerro Las Minitas project, projecting a substantial after-tax net present value (NPV) of $501M and an internal rate of return (IRR) of 21.2%. The assessment outlines a 17-year mine life with significant production increases and a projected gross revenue of $4.47B, emphasizing the project’s enhanced value and extended mine life. Positioned in a mining-friendly region of Mexico, the project is expected to reach payback within 48 months.
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