Silvercrest Metals Inc T.SIL

Alternate Symbol(s): SILV

Metals & Mining Industrial Metals & Minerals

SilverCrest Metals Inc. is a Canada-based precious metals producer. The Company is engaged in acquiring, discovering, and developing high-value precious metals projects and operating multiple silver-gold mines in the Americas. The Company’s principal focus is its Las Chispas Operation in Sonora, Mexico. The Las Chispas Operation is located about 180 kilometers (km) northeast of Hermosillo, Sonora, Mexico. The property consists of about 28 concessions totaling 1400.96 hectares (ha). Its El Picacho Property is located about 85 km northeast of the Company’s Las Chispas Project and is comprised of 11 mining concessions totaling approximately 7,060 ha. Its Cruz de Mayo property is located in the State of Sonora, Mexico, about 22 km northwest of the town of Cumpas and 163 km northeast of Hermosillo. The Cruz de Mayo Property consists of two mineral concessions, Cruz de Mayo 2 and El Gueriguito. Its other projects include the Silver Angel Property and the Estacion Llano Property.

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Silvercrest Metals Inc > Eric's take! minute 20

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Comment by Popfrackon Oct 09, 2020 9:58am

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Post# 31695048

RE:Eric's take! minute 20

Yes spoke about SILV

https://soundcloud.com/sprottmoney/sprott-money-news-weekly-wrap-up-10920

Eric spoke longly about PDM (Palladium one mining).
He is chock how undervalued is the stock

1) Finland top 2 mining juridition in the world with Neveda
2) Very good mangement team
3) 1.1MM ounces proved (indicated +infered) Paladium
4) Paladium trade at 400$/ounces premium over Gold
5) $3MM cash, enought to finish the drilling program
6) Just have VERY VERY good drilling (166m at 1.16gt Palladium equiv., 145.5m at 1.26 g/t Pd_Eq,
7) Magemant thinks with this amazing drilling result we can increase our prived reserve by a factor of 6 so around 7MM palladium equivalent."Continuity between holes LK20-006 and LK20-014 demonstrates potential to rapidly add tonnes and thereby scale to existing NI 43-101 resources"
8) Very Shallow "Shallow mineralization developing at scale within the Kaukua South Zone.Starting at only 13.5 meters downhole" so it can be mined open pit, so very low cost mine.