SILVER - LEADLarge Idaho silver – lead project available.
Robust economics. – potential cash cow.
Recent scoping study using $16.5 silver and $1.04 lead yields 34% IRR, expands to 37% IRR with additional tonnage from planned development drilling. Using $30 silver and $1.50 lead IRR expands to 80% with a Net Present Value of 146 million dollars.
Open pit, flotation milling, proposed 1000 tons per day operation.
2012 core drilling confirmed 1964 resources of 1.6 million tons and found new zone.
Silver – lead – zinc mineralization in stacked thrust faults adjacent to HUGE GOLD geochemical anomaly and underlain by porphyry molybdenum deposit.
Lead values pay for operating costs leaving silver for distribution to investors.
Needs $5 million development drilling and permitting with estimated $27 million capital expenditures.
Excellent year around access and facilities.
Suggested work plan is immediate drilling and concomitant permitting initiation.
Email for further details.
GOLDHUGE GOLD IN SOIL ANOMALY - OVER 5000 METERS IN LENGTH WITH VALUES UP TO 1/2 GRAM. THIS IS ADJACENT TO THE SILVER - LEAD ORE ZONE.