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Replies to #4568 on Peru Mining

Lone Clone

05/15/24 2:54 PM

#4569 RE: Lone Clone #4568

Silver Mountain Delivers Positive Preliminary Economic Assessment For Its Reliquias Project, Peru; Pre-Tax NPV 5% Of C$107 million, Pre-Tax IRR Of 57%, And Payback Of 1.8 Years

https://www.newswire.ca/news-releases/silver-mountain-delivers-positive-preliminary-economic-assessment-for-its-reliquias-project-peru-pre-tax-npv-5-of-c-107-million-pre-tax-irr-of-57-and-payback-of-1-8-years-883083484.html

Silver Mountain Resources Inc. May 15, 2024, 07:00 ET

Key Highlights – Preliminary Economic Assessment ("PEA")

Pre-Tax Net Present Value ("NPV"), C$107 million1 at 5% discount rate, and Pre-Tax Internal Rate of Return ("IRR") of 57%
After-Tax Net Present Value ("NPV"), C$85 million1 at 5% discount rate, and After-Tax Internal Rate of Return ("IRR") of 51%.
Construction time of 10 months
Payback Period of 1.8 years
Profitability ratio (Initial CAPEX/NPV) of 2.5 times
Average annual metal production of 2.2 million ounces AgEq per year
Initial CAPEX of US$24.8 million
All-in Sustaining Cost ("AISC") 2 of 17 US$/Oz AgEq

Benefits from existing and fully permitted infrastructure

TORONTO, May 15, 2024 /CNW/ - Silver Mountain Resources Inc. ("Silver Mountain" or the "Company") (TSXV: AGMR) (OTCQB: AGMRF)