MAG Silver Announces Robust Updated Technical Report for Juanicipio
It is estimated that the Juanicipio processing plant will produce approximately 12.2 Mt of tailings for surface storage over the anticipated initial mine life of approximately 13 years.
- It is estimated that the Juanicipio processing plant will produce approximately 12.2 Mt of tailings for surface storage over the anticipated initial mine life of approximately 13 years.
- Mill tailings will be discharged to a TSF which has a total volume capacity of approximately 8.5 Mt as currently designed.
- Using the referenced production projections and cost estimates, Juanicipio has a post-tax NPV5% of $1,224M (pre-tax $1,656M).
- Project economics are shown to be most sensitive to silver price and silver grade, followed by operating costs.