Deliver consistent profitability PLUS
sustainable growth
Description text
Low-cost, long-life mines generating cash flow to strengthen our balance sheet.
Explore, optimize, and expand existing mines.
Committed to responsible mining for a sustainable future.
~$100M
Trailing operating cash flow
~7 Moz
Silver output in F2025
>18 Yrs
Strong community and government relations
Achieve growth through strategic M&A
Description text
Evaluate high-margin and long-life projects with reasonable capex and development timelines.
Financial strength provides the firepower for rapid execution and project advancement.
>$50M
Targeted annual free cash flow
~$210M
cash $0 debt
Invest in and incubate world-class
mineral opportunities for growth
Description text
27% stake in New Pacific Metals has added significant exposure to silver and gold.
157 Moz
Expected silver production from flagship Silver Sand project
106 Moz
Expected silver production from Carangas project
