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Aftermath Silver Ltd.: Aftermath Silver Announces Mineral Resource Estimate for Challacollo Silver-Gold Project, Chile

Aftermath Silver Ltd.: Aftermath Silver Announces Mineral Resource Estimate for Challacollo Silver-Gold Project, Chile
84% of Indicated and Inferred Resources within Conceptual Pit Shell
Vancouver, British Columbia (Newsfile Corp. - December 15, 2020) - Aftermath Silver Ltd. (TSXV: AAG) (OTCQB: AAGFF) (the Company or Aftermath Silver ) is pleased to provide the results of a CIM compliant Mineral Resource estimate for the Challacollo silver-gold project, in Region 1 of northern Chile, summarised in Table 1.
The Mineral Resource estimate used a conceptual open pit and underground optimised shapes to constrain the estimate.
Table 1. Summary of the Mineral Resource Estimate for the Challacollo Silver-Gold Project
Classification
Notes on the Challacollo Mineral Resource Estimate ....

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Why Silver Prices Could Realize Huge Benefits From Surge In Solar Panels And 5G Demand

Why Silver Prices Could Realize Huge Benefits From Surge In Solar Panels And 5G Demand
- Financialnewsmedia.com News Commentary
PALM BEACH, Fla., Dec. 15, 2020 /PRNewswire/ In times of global crisis, historically investors have moved toward gold as a safe haven… but there is another metal which is not just being viewed as a safe place to store assets… one whose value is projected to continue to grow in spite of the pandemic. That metal is silver. Its value is expected to rise as demand for solar panels and 5G increases over the next decade. Researchers from Kent Business School found that the Rising demand for solar panels is having a major effect on the worldwide price of silver. Silver is a core element for the manufacture of solar panels, as it has the highest electrical and thermal conductivity of all metals. As such it is heavily used in solar panels. The financial markets are also well aware of this fortuitous marriage of silver to the solar panel industry. It ....

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Financial News Media | Aftermath Silver Announces Mineral Resource Estimate for Challacollo Silver-Gold Project, Chile

The effective date of the estimate is 30 November 2020.
The Qualified Person is Dinara Nussipakynova, P.Geo., of AMC Mining Consultants (Canada) Ltd.
Mineral Resources are constrained by an optimized pit shell at a long-term metal price of US$20/oz Ag with recovery of 92% Ag and metal price of US$1,400/oz Au with recovery of 75%.
Silver equivalency formula is AgEq (g/t) = Ag (g/t) + 57.065 Au (g/t).
The open pit mineral resources are based on a pit optimization using the following assumptions:
Plant feed mining costs of US$3.5/t and waste mining cost of $2.5/t.
Processing costs of US$17/t and General and Administration costs of $2.5/t. ....

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