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$15 Million in Gold Is Just the Beginning

VRIC Media Jun 17, 2026

Summary

Seva Mining targets near-term revenue using a direct shipping ore (DSO) strategy, bypassing traditional plant construction by selling excavated gold-grade material directly to third-party processors.

Pillai values the company's current surface gold stockpile at roughly $15 million, providing immediate cash flow potential without the heavy capital expenditure of building processing facilities.

Existing site logistics, including road access, camp infrastructure, and nearby power transmission, position the project to keep development costs low while pursuing local toll-milling partnerships.