12:59 PM EDT, 10/21/2025 (MT Newswires) -- Silver Storm Mining ( SVRSF ) on Tuesday said rehabilitation activities at its La Parrilla Silver Mine Complex in Durango State, Mexico, are underway.
The company hired contractor Dynamic Engineering Services to rehabilitate the processing plant, with a planned expansion of the sulfide circuit to 1,250 tonnes per day, a roughly 25% increase. Long-lead items, including flotation cells and a new cyclone, have been ordered, and underground work such as drift cleaning, scaling, ventilation upgrades has begun.
Silver Storm said its restart plan, which includes a review by SRK Consulting (Canada), sees a potential restart of operations as early as the second quarter of 2026. The company said no preliminary economic assessment, pre-feasibility, or feasibility study has been completed for the project.
"With the existing infrastructure in place and recent financings completed, we are taking decisive steps in respect of the company's objective of bringing the historic La Parrilla Silver Mine Complex back into production and creating value for our shareholders and the communities of Durango. Rehabilitation and preparation activities will take seven to nine months, and subject to further technical evaluations, we could target the potential restart of operations as early as the second quarter of 2026," chief executive Greg McKenzie said.
Shares of Silver Storm Mining ( SVRSF ) were last seen down $0.015 to to $0.23 on the TSX Venture Exchange.
Price: 0.23, Change: -0.02, Percent Change: -6.12