Southern Silver’s Cerro Las Minitas PEA Promises High Returns

Southern Silver Exploration (TSE:SSV) has released an update.

Southern Silver Exploration Corp. has released an optimistic Preliminary Economic Assessment for its wholly-owned Cerro Las Minitas project, projecting a substantial after-tax net present value (NPV) of $501M and an internal rate of return (IRR) of 21.2%. The assessment outlines a 17-year mine life with significant production increases and a projected gross revenue of $4.47B, emphasizing the project’s enhanced value and extended mine life. Positioned in a mining-friendly region of Mexico, the project is expected to reach payback within 48 months.

For further insights into TSE:SSV stock, check out TipRanks’ Stock Analysis page.