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Forbes Gemmell, Vice President Corporate Development of Discovery Silver, provides an update on the Cordero project. The recently published positive feasibility study shows that Cordero is one of the world’s leading development stage silver projects, with a 19-year mine life and annual silver production of around 33 million ounces. The project has excellent profitability and capital efficiency, positioning it in the lowest half of the cost curve. Forbes Gemmell also addresses potential mining law changes in Mexico and emphasizes the project’s substantial socio-economic contribution. Gemmell explains the plans towards production, financing options, and the potential for expanding the mine’s life beyond 19 years. He concludes by discussing the company’s financial status and expressing optimism about the silver market and the future of Discovery Silver.
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Major Drilling Group International Inc. is one of the world’s largest drilling services companies primarily serving the mining industry. Established in 1980, Major Drilling has over 1,000 years of combined experience and expertise within its management team alone.