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(TSX: SRHI) - SRHI Inc. (
SRHI or the
Company - formerly Sprott Resource Holdings Inc.) today announced that it is withdrawing the Preliminary Economic Assessment (“
PEA”) from the Technical Report entitled “Minera Tres Valles Copper Project, Salamanca, Coquimbo Region, Chile NI 43-101 Technical Report” dated effective October 4, 2018 (the “
Technical Report”) of the Company’s Minera Tres Valles (“
MTV”) Copper Project in Chile.
The Company prepared this Technical Report to (i) advance the development of its two largest deposits (Papomono
Masivo and Don Gabriel
Mantos) of the nine identified mineral deposits, (ii) provide a detailed evaluation of the salt leach technology which is fundamental to the economic development of the sulfide deposits on the property, and (iii) provide a long-term view of the development of the entire property through a PEA level analysis of the production of all of the identified deposits on the property. The FS, both PFSs,