Boab Metals Ltd. unveils Sorby Hills Project outlook highlighting silver production potential
Reuters
Oct 22
<a href="https://laohu8.com/S/PMYLF">Boab Metals Ltd.</a> unveils Sorby Hills Project outlook highlighting silver production potential
Boab Metals Ltd. has released a corporate presentation outlining recent developments at its Sorby Hills Project in Western Australia. The project is described as development ready, with a large-scale, well-defined resource of 47.3 million tonnes containing 53 million ounces of silver. The company has completed Definitive Feasibility and Front-End Engineering & Design studies for stage 1 operations, reporting a net present value (NPV8) of A$910 million and an internal rate of return $(IRR)$ of 62% based on current macroeconomic assumptions. Boab Metals has secured a high-quality processing plant from Sandfire Resources' DeGrussa project and received key environmental approvals (EPA & EPBC) for Sorby Hills. The annual forecasted silver production is approximately 2.2 million ounces, positioning Sorby Hills among the top silver producers in Australia. The company has also executed a binding offtake and prepayment facility with Trafigura and is in advanced discussions with debt financiers. A final investment decision is targeted for the fourth quarter of 2025. You can access the full presentation through the link below. https://www.boabmetals.com
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