El Domo Feasibility Study: $259M NPV, 32% IRR
Silvercorp Metals Inc.'s El Domo in Ecuador has a Feasibility Study outlining an after-tax NPV of $259M, an after-tax IRR of 32%, and initial capital of $284M. The proposed mine plan runs 10 years.
Silvercorp Metals Inc.'s El Domo has reported Feasibility Study results for the copper-gold project in Ecuador. The study headlines an after-tax net present value of $259M at a 8% discount rate. It reflects Silvercorp Metals Inc.'s (SVM.TO) latest disclosed economics for the asset.
Economics. The after-tax NPV is $259M using a 8% discount rate. After-tax IRR is 32%. Initial capital expenditure is estimated at $284M. The study models a payback period of 2.6 years. All-in sustaining costs are pegged at 1.26 USD/lb CuEq. Economics are based on Cu $3.50/lb, Au $1,700/oz.
Production and mine plan. The project envisions an open-pit operation. Life of mine is 10 years.
Resources and ownership. Mineral reserves: Proven+Probable: 6.5 Mt @ 1.93% Cu, 0.25% Pb, 2.49% Zn, 2.52 g/t Au, 46 g/t Ag = 124.9 kt Cu, 525 koz Au, 9,517 koz Ag. Mineral resources: Measured+Indicated: 7.1 Mt @ 1.95% Cu, 0.3% Pb, 2.64% Zn, 2.63 g/t Au, 49 g/t Ag = 137.5 kt Cu, 596 koz Au, 11,074 koz Ag; Inferred: 0.3 Mt @ 0.34% Cu, 0.2% Pb, 1.01% Zn, 1.34 g/t Au, 39 g/t Ag. The company holds a 100% interest in the project. Royalties and streams: 2% NSR to Altius; 4% Ecuador government royalty.
These figures are extracted from Silvercorp Metals Inc.'s technical disclosures and reflect the most recent Feasibility Study on file. Compare this project against other developers and producers in our project economics database, and always verify the numbers against the original technical report before making any investment decision.