Dig Deep Tapping Into a One Billion Ounce Silver Resource With Taj Singh
In this episode, we chat with Taj Singh, President and CEO of Discovery Silver, a junior miner that is looking to develop its flagship Cordero project in Chihuahua, Mexico. This is a high-margin primary silver mine that could turn into one of the largest primary silver mines in the world.
Taj has a background in metallurgy. He has over 20 years of experience in the mining sector in the areas of executive management, business development, capital markets, project development, engineering, and operations. Taj talks to us about Discovery Silver and how they are going to develop this world-class silver project.
KEY TAKEAWAYS
- Discovery Silver acquired its flagship project, Cordero Silver, in 2019.
- They own 100% of Cordero Silver, royalty-free.
- It is a tier-one project.
- Based on the preliminary economic assessment coordinator, it would rank among the largest producing and highest cash flow silver assets.
- The total resource size is over one billion ounces of silver equivalent.
- The location is very mining friendly. Permitting is fast.
- Discovery Silver has won several investment-related awards.
- Their projected market value is likely to be three times what it is now.
- Their cash flow and balance are both exceptionally good and warrants and options mean they will remain so.
- Providing social support to the community is a key objective.
- Their aim is to leave the environment in a better condition than when they arrived.
- A shortage of skilled labour is a potential issue, but they are working to improve that situation.
BEST MOMENTS
‘The combination this asset (Cordero) has, its margin size and scalability, makes it a clear tier-one asset. ´
‘Mexico is the number one silver producing nation in the world. We are in one of the best places to do business.’
‘Discovery Silver has won several awards over the past couple of years.’
‘We have no debt on the balance sheet.’
EPISODE RESOURCES
Website: https://discoverysilver.com/
LinkedIn: https://linkedin.com/company/discovery-metals-corp
Twitter: https://twitter.com/DiscoverySilver
VALUABLE RESOURCES
Email: rob@mining-international.org
Website: https://www.mining-international.org/
LinkedIn: https://www.linkedin.com/in/rob-tyson/
Twitter: https://twitter.com/MiningRobTyson
Facebook: https://www.facebook.com/DigDeepTheMiningPodcast/
Instagram: https://www.instagram.com/theminingpodcast/
YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast/videos
ABOUT THE HOST
Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community insight into people's experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.
Rob is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specializing in all areas of mining across the globe from the first world to third world countries from Africa, Europe, the Middle East, Asia, and Australia. We source, headhunt, and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our client's organizations in any mining discipline or level.
Mining International provides a transparent, informative, and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace.
Podcast Description
Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content about the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.