Cash Flow PotentialThe expansion of a higher-grade starter pit would potentially have nearer-term positive impacts on potential cash flow and further accelerate the payback of the open-pit.
Cost EfficiencyWith wide, disseminated, readily recovered mineralization and a low strip ratio, the El Tigre open-pit project is a relatively large and low-cost project compared to similarly valued companies.
Project ExpansionThe current drill program is aimed at expanding known mineralization by 10% to 15%, upgrading inferred resources to M&I, and converting the latter into Reserves for the PFS, potentially increasing the project's value.