It added it expects a more measured ramp-up of underground mining and increased operational flexibility over the first few years of production due to a significant amount of stockpiled ore.
“I would like to thank the combined team of Ausenco and SilverCrest for their continued efforts over the past 17 months, SilverCrest COO Pierre Beaudoin said in the statement.
“Completing construction during the covid-19 pandemic has tested everyone’s resilience and it is with great satisfaction that I congratulate them for accomplishing an incredible trio of successes: No major accidents, below budget and ahead of schedule.”
The company highlighted it expects the capital cost of Las Chispas to be lower than the $137.7 million budgeted in the feasibility study but said final costs of the project remain to be settled.
Las Chispas is expected to produce 12.4 million ounces a year of silver equivalent between 2023-2029 from a 1,250 tonne…
