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SilverCrest secures loan to build Las Chispas plant

SilverCrest Metals has lined-up a US$120 million financing for the construction of its Las Chispas silver project in Sonora, Mexico in anticipation of making a final construction decision pending completion of a feasibility study.

SilverCrest secures loan to build Las Chispas plant SilverCrest secures loan to build Las Chispas plant SilverCrest secures loan to build Las Chispas plant SilverCrest secures loan to build Las Chispas plant SilverCrest secures loan to build Las Chispas plant

SilverCrest Metals' Las Chispas project in Sonora, Mexico

The company has entered into a credit agreement with RK Mine Finance with a four-year term and total cost of capital of about 10% and without mandatory hedging, cash sweeps, offtakes, production