IXM Website This is stated, among other things, on the IXM website:
"With the extensive work which has been conducted on the Scotia Mine and its history as a past producer with known high-quality concentrate, the Company perceives the risk of failure to be low. The Company's confidence in the Scotia Mine project is based in part on two independent NI 43-101 Pre-Feasibility Studies (July 2020 and November 2021), which confirm that the Scotia Mine has the mineral resources, technical planning, appropriate timelines, and robust economics to support the long-term commercial delivery of concentrates."
https://www.ixmetals.com/resource-centre/media-and-insights/financing-of-scotia-mine-to-commercial-production