Corporate Member

Investigator Silver Limited is advancing the Paris Silver Project in South Australia toward development as Australia's next primary silver mine.

Paris is a simple, shallow open-pit silver development. The orebody starts from around 10 metres below surface, extends for approximately 2 kilometres in length and up to 400 metres in width, supporting a low-complexity mining operation with a straightforward development pathway.

The recently completed Definitive Feasibility Study confirmed Paris as a high-margin, finance-ready project with an initial 11-year mine life producing more than 30 million ounces of silver. The study delivered outstanding economics, including a pre-tax NPV8 of A$1.15 billion, an IRR of 93% and capital payback within 11 months of first production.

Unlike most listed "silver" companies, Paris is a genuine primary silver project rather than a polymetallic or silver-equivalent operation, providing investors with direct leverage to the silver price.

Beyond the initial development, Paris sits within a 15-kilometre underexplored silver corridor, with multiple advanced targets highlighting significant district-scale growth potential. With the Definitive Feasibility Study complete, permitting well advanced and the project team strengthened with extensive mine development experience, Investigator Silver is focused on approvals, financing and execution as it progresses toward production.

Investigator Silver offers investors rare exposure to a world-class primary silver development in one of the world's premier mining jurisdictions. With approximately A$60 million in cash, a completed Definitive Feasibility Study, a clear permitting pathway and substantial district-scale exploration upside, Investigator Silver is well funded and well positioned to advance Paris toward development while maintaining direct leverage to the silver price.