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Investigator Resources Ltd ( (AU:IVR) ) has shared an announcement.
Investigator Silver has confirmed strong economics for its Paris Silver Project, with a definitive feasibility study outlining a high-margin, financeable operation featuring a pre-tax NPV of A$1.15 billion, a 93% IRR and an expected payback of about 11 months from first production. The mine plan prioritises early access to higher-grade ore, rapid capital recovery and operational flexibility through early stockpile development, while leveraging conventional mining and processing in a single, well-supported landholding.
To accelerate development, the company completed a A$55 million institutional placement, bolstering its cash balance to A$51 million at quarter-end and removing near-term funding uncertainty for early, schedule-critical workstreams. Management is now shifting focus from studies to execution, advancing engineering, approvals and targeted drilling to de-risk Paris ahead of a construction decision and enhance financing readiness and project scale.
More about Investigator Resources Ltd
Investigator Silver Limited is an Australian exploration and development company focused on the Paris Silver Project on South Australia’s Eyre Peninsula. The project is planned as a shallow open-pit silver operation using conventional mining and processing methods, targeting high margins and capital-efficient development in a supportive, Tier 1 mining jurisdiction.
Average Trading Volume: 14,231,828
Technical Sentiment Signal: Buy
Current Market Cap: A$165.5M
For an in-depth examination of IVR stock, go to TipRanks’ Overview page.