Western Silver Corporatio Quick Quote: WTZ 7.47 (-0.81)
Western Silver Completes Pre-Feasibility Study on Chile Colorado Zone at Penasquito 4/13/04
VANCOUVER, British Columbia, Apr 13, 2004 (BUSINESS WIRE) -- Western Silver Corporation (AMEX:WTZ) (TSX:WTC) today announced that an independent pre-feasibility study has concluded that the Chile Colorado zone contained within its wholly-owned Penasquito silver-gold-zinc-lead property in central Mexico can be mined dw economically at an after tax internal rate of return (IRR) of 15.3% based on 100% equity. Payback of initial capital investment will be realized in 4.9 years.
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