Have a look at MYL - has about 313m oz of contained silver (biggest on ASX that I'm aware of). It's a high grade polymetallic (Pb, Ag, Nz, Cu) with JORC of 82mt @12.46% PbEq.
At 51% ownership, the SS on a 'starter pit' showed an NPV of $620m AUD (10% DR) with IRR of 64% for only 26% of the known JORC resource. Double the NPV for the project value of the 'starter pit' (about $1.2b). Silver's revenue share is roughly 1/3.
It's in Myanmar so it's not suitable if you only invest in developed countries.
The Brains Trust, page-15018
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