Expectations of solid demand for the commodity but if China is unable to reignite its economy major price gains are unlikely.
Safe-haven demand amid ongoing geopolitical tensions & forecast of supply ...
“We say in exploration, ‘If you want to hunt for elephants, you have to go to elephant country,” Lehmann says. “Bolivia is elephant country for silver and gold.”
The vein system is almost entirely preserved from erosion at the levels where silver mineralization begins. Thus, grades can be seen to increase significantly from surface to depth.
We expect the 2023 Mineral Resource estimate and Pre-Feasibility Study to confirm Diablillos is a highly-attractive, long-life, silver-gold project, which displays significant exploration upside potential
Silvercorp Metals' trajectory points towards continued growth, driven by the inexorable rise of China's solar power industry and the advancement of the New Electrification Economy.
The acquisition provides immediate geographic and metal diversification with the addition of a largely de-risked, low-cost gold project that has key permits in place and is on track for first gold in H2 2025.