AbraSilver Announces Robust Diablillos PFS With US$494M After-Tax NPV and 26% IRR

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[{"type":"text","content":"AbraSilver Announces Robust Diablillos PFS With US$494M After-Tax NPV and 26% IRR\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Toronto –\n \n \n \n \n TheNewswire -\n \n \n \n \n March 25, 2024: AbraSilver Resource Corp.\n(TSX.V:ABRA; OTCQX: ABBRF) (\"AbraSilver\" or the\n“Company”)\n \n \n \n is pleased to announce\nresults from its Preliminary Feasibility Study (“PFS” or the\n“Study”) for its wholly-owned Diablillos project (the\n“Project”) in Salta Province, Argentina. The PFS project team was\ncomprised of SGS Geological Services (“SGS”), with support from\nKnight Piesold Ltd., SGS Bateman, Bmining (Chile), and INSA\n(Argentina).\n \n \n \n \n All dollar ($) figures are presented in US dollars\nunless otherwise stated. Base case metal prices used in this analysis\nare $1,850 per gold (“Au”) ounce (“oz”) and $23.50 per silver\n(“Ag”) oz.\n \n \n \n \n PFS Study Highlights:\n \n \n \n \n \n \n Attractive project economics –\n \n \n 494 million\n \n \n after-tax Net Present Value\ndiscounted at 5% per annum (“NPV\n \n \n 5%\n \n \n ”),\n \n \n at base-case metal prices, with an\nafter-tax Internal Rate of Return (“IRR”) of\n \n \n 25.6\n \n \n % and\n \n \n payback of\n2.4\n \n \n years.\n \n \n At current spot\nprices\n \n \n \n \n 1\n \n \n \n \n an after-tax\nNPV\n \n \n 5%\n \n \n of\n \n \n $661 million\n \n \n with an\n \n \n IRR of 30.3%\n \n \n and payback of\n \n \n 2.1 years\n \n \n \n \n \n \n Substantial silver and gold production – 13.3 Moz\nsilver-equivalent\n \n \n (“AgEq”) average annual\nproduction over a\n \n \n 13-year\n \n \n life-of-mine (“LOM”), comprised of\n \n \n 7.7 Moz\nAg\n \n \n and\n \n \n 71 koz\nAu\n \n \n , or, with average annual production of\n \n \n 17.9 Moz AgEq\n \n \n over the\nfirst five years of full mine production, comprised of 14.5 Moz Ag and\n44 koz Au\n \n \n \n \n \n \n Low All-in Sustaining Cash Costs\n(“AISC”)\n \n \n –\n \n \n Average\nAISC of\n \n \n $12.40/oz AgEq\n \n \n over LOM\n \n \n \n \n \n \n Low capital cost –\n \n \n Initial\npre-production capital expenditure of\n \n \n $373\nmillion\n \n \n an...

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