SilverCrest Metals – Q4 2022 Operational Results, Upcoming Technical Report and More Information On Holding Gold And Silver
Chris Ritchie, President of SilverCrest Metals (TSX:SIL – NYSE:SILV) joins me to recap the Q4 2022 operational results (announced on January 31), look ahead to the upcoming technical report and provide more information on the plans to hold some gold and silver on the Company’s balance sheet.
Starting with the operational results at the Las Chispas Mine, commercial production was declared on November 1st last year. Chris shares the key details on production, including the type of ore being processed, recoveries, how the plant is functioning and cost exceptions. This all ties into the upcoming technical report.
After our last call, when Chris announced the Company would be holding gold and silver on the balance sheet, I received a lot of asking for more information. He shares some of the early details on this plan and how it plays into general capital management. Click here to view the Corporate Presentation and view slides 17 and 18.
If you have any follow up questions for Chris please email me at Fleck@kereport.com.
Click here to visit the SilverCrest Metals website to read over the full Q4 2022 operational results.
Like the concept of holding back some Silver to stimulate price improvement. Almost like reverse hedging the metal price.