Silver Bear Resources
Silver Bear is an early veryhigh grade open pit silver producer.
The Mangazeisky Silver Project (Russia) is the highest grade silver project in the world. (Location)
+ SIGNIFICANT EXPLORATION UPSIDE
Silver Bear has a total of about 80 MIO ounces high grade Silver.
Reserve of 0.8 Mt averaging 852 g/t Ag totaling 22.5 million ounces of silver;
Indicated mineral resource of 1.0 Mt averaging 1,045 g/t Ag totaling 33.8 million oz of silver
An additional Inferred resource of 1.5 Mt averaging 511 g/t Ag, totaling 24.2 mio oz ilver
They plan to produce 3,5 MIO oz Silver per year.
Share structure is very tight.
Very low initial capex = 65 MIO $
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