JDS Silver Inc. is a private, Canadian mine development platform founded by Jeff Stibbard and Brent Gilchrist, specifically for the Silvertip Project opportunity. The project began construction in December 2015 and will be in full production by October 2016. Silvertip's exceptional development timeline and existing infrastructure were identified by JDS Energy and Mining as having robust economics. The asset and Sa Dena Hes Concentrator were purchased simultaneously at the end of 2013 from Silvercorp Metals and Teck Resources, respectively. The purchase of the Concentrator significantly reduced lead time, engineering costs and the development schedule of the project. JDS Energy & Mining will provide permitting, engineering, construction and project management, and mine operations support.
The Company’s management is an aligned team of experts with over 100 years of resource experience in identifying and maximizing the value of stranded mining assets. More specifically, they possess a depth of experience and market credibility in fit for purpose resource development of profitable, quick to cash flow and expandable assets.
Our evaluation and selection process of resource endowment opportunities takes a fit for purpose strategy. JDS Silver identifies unique opportunities and deploys its proprietary value proposition to create projects that will generate value where others failed to see it; we are committed to turning the resources into monetary benefit for our stakeholders.