MAG Silver (TSE:MAG) has released an update.
MAG Silver Corp. has unveiled a promising update to the Juanicipio Project’s Technical Report, highlighting a substantial increase in mineral resources and the declaration of initial mineral reserves. The report details robust project economics with a $1.2 billion after-tax NPV5% and an impressive 13-year mine life, projecting significant annual free cash flow. Additionally, the property holds extensive exploration potential with 95% of the land yet to be explored, indicating a bright future for continued resource discovery and company growth.
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