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Investigator Resources (ASX: $IVR) completes lead recovery test work at Paris Silver Project

Investigator Resources (ASX: $IVR) Quarterly Activities Report highlights


Investigator Resources Limited (ASX: $IVR) has released its Quarterly Activities Report for the quarter ended 31 March 2024. The report outlines the completion of lead recovery test work at the Paris Silver Project, with promising results supporting the potential for enhanced project revenue stream. The company also provided updates on its regional exploration program, Molyhil Tungsten Project, corporate activities, and upcoming news and results.

Executive Commentary


The completion of the lead recovery test work at the Paris Silver Project marks a significant milestone for Investigator Resources. The results of the test work are particularly encouraging, as they support the potential for enhanced project revenue stream through the recovery of lead alongside silver. This has the potential to substantially improve the project's economics and reduce overall project risk. The comprehensive regional exploration program also represents a strategic effort to broaden the Project's resource base and enhance its overall value through the discovery of additional mineralisation.

Summary


Investigator Resources (ASX: $IVR) has made significant progress in the first quarter of 2024, particularly with the completion of lead recovery test work at the Paris Silver Project. The results of the test work support the potential for enhanced project revenue stream through the recovery of lead alongside silver, which could substantially improve the project's economics and reduce overall project risk. The company also provided updates on its regional exploration program, Molyhil Tungsten Project, corporate activities, and upcoming news and results. With an updated Mineral Resource Estimate for the Molyhil Tungsten Project expected to be reported in the upcoming quarter, Investigator Resources remains focused on advancing its projects and delivering value to its shareholders.

INVESTIGATOR RESOURCES LTD
IVR | ASX | Materials
0.046-0.001(-2.13%)
At close 23/07 (AEDT)
Market cap
$74.4M
Volume
220,018
DY Yield
0
PE Ratio
0
52 Week Range
0.033 - 0.066
1YR Return
-25.506%

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