Southern Silver CEO Larry Page joined Steve Darling from Proactive to share news the company has published results from its Preliminary Economic Assessment on the Cerro Las Minitas project. Page telling Proactive the number were good with after-tax NPV5% of $349M and IRR of 17.9%. The project right now has a 15-year mine life with an annual average plant feed of 14.2 Mozs AgEq. Page also said base case gross revenues could total 3.7 Billion with silver representing 42% of revenues, zinc representing 39% of revenues.
Southern Silver announces positive Preliminary Economic Assessment on Cerro Las Minitas