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AbraSilver Announces Robust PEA of Diablillos Including After-Tax NPV of US$364M
(TheNewswire) Economics Demonstrate Potential for a Highly Economic Oxide Sil...
About this update from Abrasilver Resource Corp.
[{"type":"text","content":"AbraSilver Announces Robust PEA of Diablillos Including After-Tax NPV of US$364M\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n Economics Demonstrate Potential for a Highly Economic\nOxide Silver-Gold Development Project\n \n \n \n \n \n Toronto -\n \n \n \n \n TheNewswire\n \n \n \n \n – November 29, 2021: AbraSilver Resource Corp.\n(TSXV:ABRA\n \n \n \n \n )\n \n \n \n \n (\n \n \n \n \n OTC:ABBRF) (\"AbraSilver\" or the “Company”)\n \n \n \n is pleased to announce the results of a\nPreliminary Economic Assessment (“PEA”) for its wholly-owned\nDiablillos project (“the Project”) in Salta Province, Argentina.\nThe PEA is based on the Mineral Resource estimate, recently reported\nin a Technical Report titled  “NI 43-101 Technical Report Mineral\nResource Estimate – Diablillos Project”, effective October 28,\n2021.\n \n \n \n \n All dollar ($) figures are presented in US dollars\nunless otherwise stated. Base Case metal prices used in this analysis\nare $1,650 per gold (“Au”) ounce (“oz”) and $24.00 per silver\n(“Ag”) oz.\n \n \n \n \n PEA Study Highlights:\n \n \n \n \n \n \n Robust Economics:\n \n \n \n \n \n \n Pre-Tax NPV\n \n \n 5%\n \n \n of $678.5 Million (CAD$ 882.1 Million) with an Pre-Tax IRR\nof 44.3% (Base Case);\n \n \n \n \n \n \n After-Tax NPV\n \n \n 5%\n \n \n of $364.0 Million (CAD$ 473.2 Million) with an After-Tax IRR\nof 30.2% (Base Case).\n \n \n \n \n \n \n \n \n 7,000 tonnes per day (“tpd”) production rate with\nan initial mine life of up to 16 years.\n \n \n \n \n \n \n Average annual production:\n \n \n \n \n \n \n Average annual production in first 5 years of 8.0 Moz\nAg and 44.3 koz Au, or 11.4 Moz AgEq;\n \n \n \n \n \n \n Average Life-of-Mine (“LOM”) production of 4.2 Moz\nAg and 52.0 koz Au, or 8.5 Moz AgEq.\n \n \n \n \n \n \n \n \n Low cash operating costs:\n \n \n \n \n \n \n All-in Sustaining Cash Costs (“AISC”) during first\n5 years of $10.41/oz AgEq;\n \n \n \n \n \n \n All-in Sustaining Cash Costs (“AISC”) during\naverage Life-of-Mine (“LOM”) of $11.97/oz AgEq.\n \n \n \n \n \n \n \n \n Initial Capital Expenditure of $255.0 million, with\npayback period of 2.6 years.\n \n \n \n \n \n \n Several potential ...