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La Cigarra silver project shows strong economics with $763M NPV and 41% IRR in positive PEA

Market News
15 Jun 2026
PRNewsWire
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Bullish
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Kootenay Silver announced a positive Preliminary Economic Assessment (PEA) for its La Cigarra silver project in Chihuahua, Mexico, revealing an after-tax net present value (NPV) of $763 million and an internal rate of return (IRR) of 41%. The 14-year open-pit project promises an average annual silver production of 4.55 million ounces and a rapid payback period of 1.9 years. The project benefits from existing infrastructure and significant exploration potential along a 9-kilometer mineralized trend. Next steps include resource expansion drilling, environmental studies, and advancing toward feasibility and permitting.

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