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SSVFF / Southern Silver Exploration reveals positive PEA results for its Cerro Las Minitas project in Mexico

Southern Silver Exploration reveals positive PEA results for its Cerro Las Minitas project in Mexico
Southern Silver Exploration Corp (TSX-V:SSV, OTCQX:SSVFF) has announced results from a Preliminary Economic Assessment (PEA) on its 100% owned Cerro Las Minitas project in Mexico, with highlights that included an After-Tax Net Present Value (NPV), using a 5% discounted rate, of US$349 million, an Internal Rate of Return (IRR) of 17.9%, and a 60-month payback. The resource project developer said the PEA also estimates a large-scale underground mining operation with a 15-year mine life, with an annual average plant feed of 14.2 million ounces of silver equivalent at all-in-sustaining costs (AISC) of US$13.27 per ounce of silver equivalent sold. Read More
Posted: Aug 29 2022, 15:28
Author Name: Proactive Investors
Views: 081154

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