Jan. 9 at 3:44 PM
$SVRSF Overview
---Near Term Production: Targeting Q2 2026 to restart operations at La Parrilla, with an annual goal of 3 Million oz AgEq. Fully permitted for production.
---Strategic Offtake to Samsung C&T secured to purchase all concentrates from La Parrilla for two years, supported by a US
$7 million prepayment facility to fund the restart.
---No additional capital required for rehabilitation, operational ramp-up, or initial production phase.
---La Parrilla produced 34 Million oz AgEq between 2006 and 2019 and was acquired with ~US
$150 million in existing infrastructure, including three underground mines and a mill.
---SVRSF has one of Mexico’s largest undeveloped silver assets, offering significant expansion potential laterally, at depth, and near surface.
---Strategic Location: Projects situated in mining-friendly Durango State, Mexico, with excellent infrastructure and skilled workforce, minimizing operational risk and supporting efficient development.