Discovery Silver Corp at Precious Metals Summit - Beaver Creek Transcript

Sep 15, 2022 / NTS GMT
Forbes Gemmell - Discovery Silver Corp. - VP Corporate Development

Yeah, thanks Neil. So, look, today I'll be running you through Discovery Silver, but I thought before we jump into our story, it'd be good to take a step back and really look at the key checklist of items that any resource investor should be focused on. And I know we always talk about people and projects, but obviously there's some extra layers and extra nuances that go beyond that.

So, we put together a bit of a list here, and Neil, feel free to critique this later on, but as far as projects go, I think any exploration development company aspires to outline a Tier 1 project. And it obviously depends on the metal as to what the quantitative thresholds are, but you have to have impressive size, impressive margin, impressive mine life.

I think it's also critical to have capital efficiency. If you've got a project that's going to take billions of dollars to build, it's going to be very difficult to get off the ground. And typically these days, the key ratio that is focused on to measure that capital efficiency is the NPV-to

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