SilverCrest Metals operates one mine.
The Las Chispas mine in Sonora, Mexico.
Most people have never heard of it.
Here is why they should know it:
Las Chispas is one of the highest-grade silver-gold mines on Earth.
In Q4 2025 it produced silver at an all-in sustaining cost of negative $4.17 per ounce.
Negative.
The gold byproduct pays for everything โ and then some.
At $77 silver, every ounce they produce is essentially free money.
They generated $73 million in free cash flow in Q4 2025 alone.
From one mine.
With zero debt.
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