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Investigator Resources Ltd ( (AU:IVR) ) has issued an update.
Investigator Resources Ltd has completed a geotechnical drill program at its Paris Silver Project, driven by the recent increase in silver prices. This expansion extends the optimized pit shell further west and deeper than previously designed, bringing more silver ounces into the mine plan. The potential to steepen pit walls could reduce the strip ratio and lower operating costs, enhancing the project’s scale and leverage to the silver market. As silver markets strengthen, the strategic importance of the Paris Project continues to grow, offering investors a pure-play silver development opportunity.
More about Investigator Resources Ltd
Investigator Resources Ltd is engaged in the mining industry, focusing on the development of the Paris Silver Project in South Australia. The company is known for its high-grade undeveloped primary silver project, which is uniquely leveraged to silver prices, unlike many other projects that primarily focus on base metals with silver as a by-product.
Average Trading Volume: 5,804,790
Technical Sentiment Signal: Buy
Current Market Cap: A$67.58M
Learn more about IVR stock on TipRanks’ Stock Analysis page.