Wheaton will provide a total of $180.5 million under terms of a metals streaming deal, and Trafigura will provide $55 million under terms of an offtake financing agreement.

The Future Minerals Forum recently heard Saudi Arabia is looking to invest its massive capital potential to not only develop its industry, from exploration to downstream battery metal processing.

South32 says it is designing Taylor to be its "next generation mine."

The Pitarrilla project, 160 km north of the city of Durango, has measured and indicated resources of 164.7 million tonnes grading 99.1 grams silver per tonne.

The project is expected to produce over 1 million gold-equivalent oz. over a 10.4-year mine life, mining 37.8 million tonnes of mineralized material.

The Zacatecas Silver property is located within the Fresnillo Silver Belt, which has produced over 6.2 billion ounces of silver.

"This is one of the longest, highest-grade silver intercepts seen globally in a long time," Filo's CEO says. .