Developing Mexican Silver-Zinc Production

 





Reserves & Resources

 

Bilbao Project


The Company has completed over 22,000 metres of diamond drilling (91 holes) at Bilbao. An independent resource estimate was prepared by Southampton Associates in November 2008 and by R.T.G. Parker, an independent Consulting Mine Geologist, in February 2010 and in May 2011, all in compliance with NI 43-101.

The Resource Estimate as at May 16, 2011 (3% zinc equivalent cut-off) is:


Resource Category
Tonnage (T)
Zinc (%)
Lead (%)
Copper (%)
Silver (g/t)
Indicated Resources
10,620,000
2.13
2.00
0.19
53.81
Inferred Resources
430,000
1.44
1.73
0.18
46.39

The Company continues drilling the limits of the mineralization at Bilbao to the south and northwest through a programme of step-out drilling as well as to search for additional, replacement lenses at greater depth.


Metallurgical test work is being conducted on the oxide and sulphide mineralization to optimize the process recoveries.


Laguna Project


The Resource Estimate for the mineralized zone as prepared by Micon International as at February, 2008 is:


Resource Category
Tonnage (T)
Silver (g/t)
Gold (g/t)
Mercury (g/t)
Proven
529,000
55.12
0.29
351.04
Probable
6,270,000
58.16
0.31
327.05
Proven + Probable
6,799,000
57.92
0.31
328.92

 

 

Investor Navigation

Stock and Metal Prices

Symbol Last Trade Price Volume
0.000 0
All data is delayed by 0 mins.
Data provided by Stockwatch.

News

Project Spotlight

Bilbao Ag-Zn-Pb-Cu Development Project, Mexico (Zacatecas)

The Bilbao project is located in the Panfilo Natera Mining District, approximately 50 km east of the state capital, Zacatecas and consists of 1,406.7 hectares comprising nine exploitation concessions.