SilverCrest Metals – Strong Q1 Financial Results From The First Full Quarter Of Production At Las Chispas
Chris Ritchie, President of SilverCrest Metals (TSX.V:SIL – NYSE:SILV) join us to recap the Q1 financial results. It was the first full quarter of production at the Las Chispas mine. The Company generated strong free-cash flow, including income of $27.2million and paid down debt at an accelerated rate.
With Chris we discuss overall cash-flow from the mine as well as key cost of production metrics. We also have Chris update us on how the stockpiles were used to feed the mill and reduce overall costs. As underground development continues we have Chris look ahead to what’s coming in terms of costs. Recoveries were highlighted in the news as well so we get Chris to update us on that front. We wrap up the call with a comment on the ongoing exploration at the Project.