Pan American Announces Preliminary Economic Assessment OF The La Colorada Skarn Project
Portfolio Pulse from Benzinga Newsdesk
Pan American has released a Preliminary Economic Assessment for the La Colorada Skarn Project, projecting an average annual production of 17.2 million ounces of silver, 427 thousand tonnes of zinc, and 218 thousand tonnes of lead over the first 10 years. The project is expected to have a 17-year mine life with significant exploration potential. Financial projections include an after-tax NPV(8%) of $1,087 million, a 14% IRR, and a payback period of 4.3 years, based on long-term price estimates for silver, zinc, and lead. Pan American is exploring partnerships to develop the project, focusing on silver production.
December 19, 2023 | 6:19 am
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Pan American's La Colorada Skarn Project is expected to significantly contribute to the company's future production and revenue, with a strong financial outlook and potential for strategic partnerships.
The Preliminary Economic Assessment indicates a positive future for Pan American's La Colorada Skarn Project, with substantial production and revenue potential. The search for partnerships to develop the project suggests a strategic move to optimize resources and focus on silver production, which could attract investor interest and positively impact the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100