Articles Tagged "SilverCrest mines"

SilverCrest Mines enters into Agreement With Macquarie Bank

SilverCrest Mines Inc. (TSX VENTURE:SVL)(FRANKFURT:CW5) today reported that the company has signed the definitive Project Facility Agreement and related documentation with Macquarie Bank Ltd. on a US$12.5 million debt facility to finance the development of its Santa Elena Project in Sonora, Mexico. The press release is quoted as saying: SilverCrest Mines Inc. is a “Precious [...]

SilverCrest pre-feasibility results at Santa Elena, Mexico

SilverCrest Mines Inc. reports results for  pre-feasibility study on its Santa Elena open pit silver mine in Sonora, Mexico. The study has converted approximately 73% of the project’s Indicated Mineral Resources to Proven and Probable Reserves. The Base Case economics show a pre-tax Internal Rate of Return of 100% and a pre-tax cash flow of US$103.7 million. The [...]