While the silver miners’ fundamentals are solid, traders have avoided their underperforming stocks. That won’t change until gold sentiment improves enough to fuel herd bullishness.
Lower mining costs bucking inflationary pressures largely offset lower average silver prices, keeping sector unit profits strong. That enabled the silver miners to fundamentally-outperform the gold miners in Q4’21, which is unusual.
The initial drilling program is expected to consist of approximately 3,000 meters of HQ diamond core drilling in six, 500-meter-deep holes. A follow-up drill program will be considered following receipt of the initial results.
AISC during the Life-of-Mine of $11.97/oz AgEq. Initial Capital Expenditure of $255.0 million, with payback period of 2.6 years. In first 5 years of 8.0 Moz Ag and 44.3 koz Au, (11.4 Moz AgEq) ...
