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SilverCrest Metals Inc.
Summary
| Project: | Las Chispas | |
|---|---|---|
| Deposit: | Las Chispas | |
| Location: | Mexico | |
| Commodities: | Gold-Silver | |
| Date: | 5/15/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | PEA | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 15-5-2019: SilverCrest Metals Inc. announces a PEA report for its Las Chispas deposit at the Las Chispas project. PEA results incl. post-tax NPV of US $407M (5%), IRR of 78%, 8.5yr LOM at the project. Vancouver, British Columbia--(Newsfile Corp. - May 15, | |
| Resources: | (Resource): 1.0Mt @ 6.98g/t Au, 710.6g/t Ag (Ind.), 3.6Mt @ 3.3g/t Au, 332.5g/t Ag (Inf.) | |
| CP/QP: | [Overall Report]: James Barr, Hassan Ghaffari (Tetra Tech/Coffey Mining Ltd.) | |
| ABSTRACT: | Vancouver, British Columbia--(Newsfile Corp. - May 15, 2019) - SilverCrest Metals Inc. (TSXV: SIL) (NYSEAmerican: SILV) ("SilverCrest" or the "Company") is pleased to announce the results of an independent Preliminary Economic Assessment ("PEA") completed by Tetra Tech Canada, Inc. ("Tetra Tech") for the Las Chispas project in Sonora, Mexico. The PEA is based on the mineral resource estimate, titled "Technical Report and Mineral Resource Estimate" for the Las Chispas Property, Sonora, Mexico, effective February 8, 2019 and announced on March 14, 2019 (the "February 2019 Mineral Resource Estimate") | |
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