Silver Extraction - Tailings Project20 Jan 2026 12:00
This was posted on X by NTVO on 12 December, regarding the Tailings project in Peru. This should also come on stream later this year. Basically they have said below that they have identified millions of ounces of silver tailings, eg in total for own as well as from third party artisan miners. Silver price today is $95.2 per troy ounce. Even just 1 million ounces of silver would equate to $95.2 million USD, but we have millions! When they posted this on X on 12 December, the silver price was 'only' just over $60 USD per ounce, and when they drew up plans for the tailings project, it would have been around $40 USD per ounce. Also, the tailings project is HIGHLY SCALABLE. They are currently identifying many more of these sites, which are classed as an environmental hazard in Peru. So, a kind of 'unlimited' supply of silver, without the mining or geological risks. Just put through the processor. I think the initial plan is for 350 tonnes per day, at 10-37 grams of silver per tonne. Some gold as well with this proposed setup.
https://x.com/nativoresources/status/1999403869189865790?s=20