Paris Pit Expansion - Geotechnical Drilling Complete
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Paris Pit Expansion - Geotechnical Drilling Complete
Investigator Resources Limited has completed a geotechnical drill program at the Paris Silver Project in South Australia. The program was driven by the recent increase in silver prices, resulting in an expanded pit shell that extends further west and deeper than the previous design, bringing additional silver ounces into the mine plan. There is potential to steepen pit walls, reducing the strip ratio and lowering operating costs. Paris Silver Project remains Australia's highest-grade undeveloped primary silver project, uniquely offering investors 100% leverage to silver prices. The Company's Managing Director, Lachlan Wallace, highlighted the positive impact of the silver price increase on the project's expansion. Further geotechnical data is expected by mid-October, with a final report by the end of October to inform the pit optimization design. Next steps include integrating this data into the Definitive Feasibility Study and progressing the Mining Lease Application. Investors are encouraged to reach out for more information and to stay updated on the project's progress. Your questions and feedback are valuable to us.
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