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flag Silver X Mining's Peru project plans 6M oz/year silver, $439M NPV, with $82M startup cost.

flag Silver X Mining Corp. has released a Preliminary Economic Assessment for its Nueva Recuperada silver project in Peru, projecting 6 million ounces of annual silver equivalent production over a 14-year life, with a $439 million after-tax NPV and $606 million in cumulative cash flow. flag The project, with a 3,000-tonne-per-day capacity and two milling facilities, has LOM cash costs of $11.80 per ounce and AISC of $15.80, backed by an $82 million initial capital outlay. flag The PEA includes inferred resources not yet economically viable and is preliminary in nature. flag The company recently completed an oversubscribed financing to advance development and restart the Plata Mining Unit.

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