Polymetals Resources Ltd. (AU:POL) has released an update.
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Polymetals Resources Ltd has announced an optimized mine plan for its Endeavor Silver Lead and Zinc mine, predicting robust financial performance with a 10-year mine life. The plan forecasts a pre-tax cash flow of $609 million and a net present value of $414 million, with production set to start in the first half of 2025. The company is progressing with site refurbishment and near-mine exploration, following a successful capital raise and mine acquisition.
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