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Silvercrest Metals Inc T.SIL

Alternate Symbol(s):  SILV

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.


TSX:SIL - Post by User

Post by wideopenthrottlon Apr 18, 2023 6:06pm
97 Views
Post# 35401789

more info and babble from me...heheheh

more info and babble from me...heheheh"AgEq is based on the 2021 Feasibility Study Mineral Resource and Reserve gold to silver ratio of 86.9:1 calculated using US$1,410/oz Au and US$16.60/oz Ag"...even if AISC are up so are prices for metals and recovery rates...we are also putting more through the mill than the 1250 tpd ...Part of the reason i was confused by your dillution comment is we know we are processing low grade ore but we will be augmenting it with higher grade not the other way round...after re-reading all the last 2 years of reports i am also convinced our AISC will go up ( my guess is it will be about to about $9.50/eqoz up from mid 7's ) but not nearly by as much as our profit per oz which will be up more way more than $2.50...below is from one of the last reports

AgEq is based on the 2021 Feasibility Study Mineral Resource and Reserve gold to silver ratio of 86.9:1 calculated using US$1,410/oz Au and US$16.60/oz Ag
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