The project, situated in the historic Parral Mining District, is expected to yield 63.7 million ounces of payable silver over its life. Kootenay Silver aims to leverage existing regional infrastructure and the project's proximity to active producers like the Santa Barbara and San Francisco Del Oro mines to advance the site toward feasibility. Engineering firms Sacré-Davey and Canenco Consulting designed the plan, which centers on a 6,000-tonne-per-day processing rate using conventional flotation and leaching.
Kootenay Silver Targets Development at La Cigarra With Positive PEA
A new Preliminary Economic Assessment for Kootenay Silver’s La Cigarra project in Chihuahua, Mexico, forecasts a 14-year open-pit mining operation with an after-tax net present value of US$763 million. The study highlights a rapid 1.9-year payback period and a 41% internal rate of return for the site.
Management is now looking beyond the initial study, focusing on resource expansion along a 9-kilometre mineralized trend and the potential conversion of Inferred Mineral Resources into higher-confidence categories. While the current outlook is positive, the company notes that the PEA remains preliminary and relies on mineral resources rather than proven reserves, requiring further geotechnical and hydrogeological investigation before moving to a formal feasibility stage.
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