Discovery Silver Updates Cordero Project Assessment, Moves Towards Pre-Feasibility
Discovery Silver has revised its Preliminary Economic Assessment (PEA) for the Cordero Silver Project in Mexico and is advancing towards a Pre-Feasibility Study (PFS) in 2022.
Discovery Silver Corporation has released an updated Preliminary Economic Assessment (PEA) for its Cordero Silver Project located in Mexico. The company is planning to advance to a Pre-Feasibility Study (PFS) phase in 2022.
President and CEO Taj Singh stated that the revised PEA demonstrates the project's robustness, even under lower silver price scenarios. The project's high silver content offers leverage to silver price fluctuations, despite the presence of zinc and lead.
The company intends to conduct further drilling on the Cordero property to expand resources and refine economic models. These efforts are expected to support the upcoming pre-feasibility study.
Discovery Silver aims to solidify the Cordero project's potential as a viable silver source. The company's shares are traded on the TSX-V under the ticker DSV.