Proactive Investor: Investigator Silver declares maiden ore reserve, confirms robust economics for Paris silver project

Investigator Silver declared a maiden ore reserve and confirmed strong economics for its 100%-owned Paris Silver Project in South Australia, following completion of a definitive feasibility study (DFS).

• The DFS outlines an 11-year open-pit silver operation producing silver doré via a conventional crush–grind–leach and Merrill–Crowe recovery circuit, positioning Paris as a finance-ready development.

• At a spot silver price of US$80 per ounce (A$115.94/oz), Investigator says the project delivers a pre-tax net present value (NPV8) of A$1.15 billion and an internal rate of return (IRR) of 93%, with payback in 11 months from first production.

• Under a consensus silver price of US$60.18/oz, Paris still generates a pre-tax NPV8 of A$618 million and IRR of 61%, with payback in 13 months.

• All-in sustaining costs are forecast at A$39.70/oz, supporting a net operating cash flow margin of 64% at spot prices and 52% under the consensus case.

Read the full Proactive Investor article here: Investigator Silver declares maiden ore reserve, confirms robust economics for Paris silver project