Silver Mining Projects Ranked by NPV
After-tax NPV, IRR, initial capex, mine life and AISC for 33 silver projects across 19 companies, extracted from technical reports and ranked. Sort any column to compare silver developers and producers.
| # | Project / Company | Study | ||||||
|---|---|---|---|---|---|---|---|---|
| 1 | Carangas New Pacific Metals Corp. (NUAG.TO) | Silver | PEA Jul 2026 | $2.65B | 35.9% | $645M | 19 yrs | 19.2 USD/oz AgEq |
| 2 | La Colorada Skarn Project Pan American Silver Corp. (PAAS) | Silver | PEA Mar 2026 | $2.60B | 17% | $1.90B | 37 yrs | -22.7 USD/oz |
| 3 | Panuco Silver & Gold District Vizsla Silver Corp. (VZLA.TO) | Silver | Feasibility Nov 2025 | $1.80B | 111.1% | $239M | 9.4 yrs | 10.6 USD/oz AgEq |
| 4 | Panuco Silver & Gold Project Vizsla Silver Corp. (VZLA.TO) | Silver | Feasibility Nov 2025 | $1.80B | 111.1% | $239M | 9.4 yrs | 10.6 USD/oz AgEq |
| 5 | Panuco Vizsla Royalties Corp. (VROY.V) | Silver | Feasibility Nov 2025 | $1.80B | 111.1% | $239M | 9.4 yrs | 10.6 USD/oz payable AgEq |
| 6 | Panuco Ag-Au-Pb-Zn Project Vizsla Silver Corp. (VZLA.TO) | Silver | PEA Sep 2024 | $1.14B | 85.7% | $224M | — | — |
| 7 | Ying Ag-Pb-Zn-Au Property Silvercorp Metals Inc. (SVM.TO) | Silver | Feasibility Dec 2025 | $1.03B | — | — | — | — |
| 8 | La Cigarra Kootenay Silver Inc. (KTN.V) | Silver | PEA Jun 2026 | $763M | 41% | $332M | 14 yrs | 18.7 USD/oz |
| 9 | Silver Sand Silvercorp Metals Inc. (SVM.TO) | Silver | Pre-Feasibility 2024 | $740M | 37% | $358M | 13 yrs | 11 USD/oz |
| 10 | Silver Sand New Pacific Metals Corp. (NUAG.TO) | Silver | Pre-Feasibility Jun 2024 | $740M | 37% | $358M | 13 yrs | 10.7 USD/oz |
| 11 | Ying Ag-Pb-Zn Property Silvercorp Metals Inc. (SVM.TO) | Silver | Feasibility Jun 2024 | $699M | — | — | — | — |
| 12 | Bomboré Star Royalties Ltd. (STRR.V) | Silver | Feasibility Nov 2023 | $636M | — | — | 11 yrs | — |
| 13 | Cerro Las Minitas Southern Silver Exploration Corp. (SSV.V) | Silver | PEA Jun 2024 | $501M | 21.2% | $388M | 17.1 yrs | 13.2 USD/oz AgEq |
| 14 | Carangas Silvercorp Metals Inc. (SVM.TO) | Silver | PEA 2024 | $501M | 26% | $324M | 16 yrs | 8 USD/oz |
| 15 | Nueva Recuperada Project (Tangana + Plata Mining Units) Silver X Mining Corp. (AGX.V) | Silver | PEA Sep 2025 | $440M | 69% | $82M | 14 yrs | 15.8 USD/oz AgEq |
| 16 | Nueva Recuperada (Tangana + Plata) Silver X Mining Corp. (AGX.V) | Silver | PEA Sep 2025 | $440M | 69% | $82M | 14 yrs | 15.8 USD/oz AgEq |
| 17 | Nueva Recuperada Silver Project (Tangana + Plata) Silver X Mining Corp. (AGX.V) | Silver | PEA Sep 2025 | $440M | 69% | $82M | 14 yrs | 15.8 USD/oz AgEq |
| 18 | Tonopah West Blackrock Silver Corp. (BRC.V) | Silver | PEA Mar 2026 | $437M | 28% | $190M | 11.2 yrs | 17.4 USD/oz AgEq |
| 19 | Los Ricos South GoGold Resources Inc. (GGD.TO) | Silver | Feasibility Jan 2025 | $355M | 28% | $227M | 15 yrs | 12.3 USD/oz AgEq |
| 20 | Cerro Las Minitas (CLM) Southern Silver Exploration Corp. (SSV.V) | Silver | PEA Aug 2022 | $349M | 17.9% | $341M | 15 yrs | 13.3 USD/oz AgEq |
| 21 | Cusi Mine - Upside Case Silverco Mining Inc. (SICO.V) | Silver | PEA Apr 2026 | $312M | 186.9% | — | — | — |
| 22 | Nueva Recuperada / Tangana Project Silver X Mining Corp. (AGX.V) | Silver | PEA Apr 2023 | $175M | 39% | — | — | 26.9 USD/oz Ag Eq |
| 23 | Cusi Mine Silverco Mining Inc. (SICO.V) | Silver | PEA Apr 2026 | $104M | 94.8% | $19M | 9 yrs | 26.8 USD/oz AgEq |
| 24 | Oxide Tailings Project Avino Silver & Gold Mines Ltd. (ASM.TO) | Silver | Pre-Feasibility Feb 2024 | $61M | 26% | $49M | 9 yrs | — |
| 25 | Tahuehueto Empress Royalty Corp. (EMPR.V) | Silver | Production Jun 2026 | $50M | — | $5M | — | — |
| 26 | Gowganda (Kilborn 1987 Feasibility Study) Nord Precious Metals Mining Inc. (NTH.V) | Silver | Feasibility 1987 | C$2M | 49.3% | C$5M | 7 yrs | — |
| 27 | Gowganda Tailings (Miller Lake-O'Brien) Nord Precious Metals Mining Inc. (NTH.V) | Silver | Feasibility 1987 | C$2M | 49.3% | C$5M | 7 yrs | — |
| 28 | Gowganda Tailings (Kilborn FS) Nord Precious Metals Mining Inc. (NTH.V) | Silver | Feasibility 1987 | C$2M | 49.3% | C$5M | 7 yrs | — |
| 29 | Reliquias Mine Silver Mountain Resources Inc. (AGMR.V) | Silver | PEA Oct 2024 | — | — | C$26M | 8 yrs | — |
| 30 | Khoemacau Royal Gold, Inc. (RGLD) | Silver | — | — | — | $900M | — | — |
| 31 | La Negra Mine Silverco Mining Inc. (SICO.V) | Silver | — | — | — | $18M | — | — |
| 32 | Paca Apuradita Silver Elephant Mining Corp. (ELEF.TO) | Silver | — | — | — | $0M | — | — |
| 33 | EDM Resources Scotia Mine Silver Crown Royalties Inc. (SCRI.V) | Silver | — | — | 25% | C$1M | — | — |
Figures are automatically extracted from company filings and presentations and reflect the most recent disclosure found — they may contain errors. Always verify against the original source document before making any investment decision. Back to all project economics.