Bear Creek Mining has recently completed a “Pre-Feasibility Study” regarding its Corani Silver Project and is now currently in the process of completing a feasibility study. Why is this important to silver investor’s?
The pre-feasibility study did indeed show that the Corani Project they have been working towards could very well produce up to 10 million ounces of silver per year!
With this information, Bear Creek is now preparing a new feasibility study at a 50% greater processing rate. The project is expected to produce up to 15 million ounces per year during its 20-year mine life. The Corani Project is also well endowed with both lead and zinc, so by-product credits will result in low or negative cash costs per ounce of silver. Even better for silver investor’s!
Silver is already a fantastic investment, provided you invest properly. The news the Bear Creek Mining should be able to go through with this project in the near future is great, as it will produce more silver, which is already in such high demand from both investors and major industries.