Boab Metals LtdASX: BML

Sorby Hills Project Delivery Plan

· Issued by Boab Metals Ltd

Filed with ASX · · 120 pages · English

Summary by 6ix AI

Boab Metals Ltd has released the Sorby Hills Project Delivery Plan, detailing the transition of the Sorby Hills Silver-Lead Project into the construction phase, with significant progress reported on various construction packages. The project is fully funded, with construction underway and a clear timeline for first concentrate production targeted for mid-next year. Key highlights include an extended life-of-mine production target and an upgraded ore reserve, which together enhance the project's economic viability. The report emphasizes the acquisition of the DeGrussa Processing Plant as a strategic advantage, reducing capital costs and risks associated with new construction.

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