In this episode, Greg McKenzie, President & CEO of Silver Storm Mining (TSX.V:SVRS | OTCQB:SVRSF | FSE:SVR), outlines the company’s near-term production restart at the La Parrilla Mine in Mexico and the scale of the San Diego silver project.
Key Discussion Points
- La Parrilla Restart
Background on the mine acquired from First Majestic, its 34 Moz historic output, and the path to a Q2-2026 restart with plant rehab already underway.
- Costs & Production
Historical sub-$10/oz cash costs; modern AISC expected in the industry-standard range. Target output: ~3 Moz/year with a fast ramp to cash-flow positivity.
- Current Resources & Mine Life
~31 Moz AgEq across categories → supports 10+ years at planned run rate; exploration drilling planned to extend life and potentially increase production.
- Samsung Offtake
Two-year offtake/prepay structure providing additional support for restart capital.
- San Diego Project
Historic 210 Moz AgEq resource with large-scale upside and long-term development potential comparable to major Mexican skarn systems.
- Team & Shareholders
Strong technical leadership, full permitting in place, and key shareholders including First Majestic (19%) and Eric Sprott (11%).
Click here to visit the Silver Storm Mining website to learn more about the Company
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This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.
