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POLYMETALS RESOURCES (POL) - Revitalizing the Endeavour Mine: Polymetals Resources' Executive Chairman David Sproule on Strategic Royalties and Partners to Transform Silver-Zinc Production in New South Wales
Manage episode 424213060 series 3570035
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What if one strategic decision could drastically alter the financial landscape of a mining project? Join us on ASX Briefs as we welcome David Sproule, the Executive Chairman of Polymetals Resources, to unpack the revitalisation of the high-grade Endeavour silver-zinc mine in Cobar, New South Wales. David shares the captivating history of Polymetals, from its origins in 1992 to its current ambitious plans of bringing the Endeavour mine back online.
Discover how renegotiating a critical silver streaming royalty has transformed the project's economics and extended its life, especially as metal prices surge. David walks us through the strategic partnerships, particularly with Ocean Partners, and the innovative financing solutions that aim to have Polymetals producing concentrate by late 2025. Whether you're keen on mining, finance, or strategic business moves, this episode offers invaluable insights into bringing a dormant project back to life. Don't miss this compelling conversation on ASX Briefs.
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