Silvercorp Metals' El Domo Project Shows $573M NPV, 7.13 Mt Reserves
Silvercorp Metals Inc. announced a technical report for its Curipamba-El Domo Polymetallic Project in Ecuador, highlighting a robust economic analysis with a Net Present Value (NPV) of $573 million at an 8% discount rate. The project holds total Mineral Reserves of 7.13 million tonnes, featuring significant gold, silver, copper, lead, and zinc content. With a 13-year life of mine and a planned production rate of 666 thousand tonnes per annum, the report confirms the project's economic viability and operational readiness.
Key Highlights
- El Domo Project has a Net Present Value (NPV) of $573 million at an 8% discount rate.
- Total Mineral Reserves are estimated at 7.13 Mt with an average NSR of $312/t.
- Contained metals in reserves include 584 koz Au, 10,960 koz Ag, 137.72 kt Cu, 18.44 kt Pb, and 187.65 kt Zn.
- Total Measured + Indicated Mineral Resources are 11.4 Mt, with average grades of 1.85% Cu, 2.11 g/t Au, and 41.69 g/t Ag.
- The project has a 13-year Life of Mine (LOM) with 11.5 years of commercial operation.
- Planned production rate is 666 ktpa Run-of-Mine (ROM) ore.
Price Impact
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