Cinco Minas Highlights •Originally deve
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Posted On: 03/28/2017 1:31:06 AM
Cinco Minas Highlights
•Originally developed during Spanish colonial times in the 1500s;
•Developed during the middle of the Mexican revolution by Marcus Daley, founder of the Anaconda Mining Company, who was backed by none other than John D. Rockefeller;
•Production records do not exist, but have been estimated at around 2.1 million tonnes of ore grading 4.46 g/t and 637 g/t of gold and silver, respectively. This representes a production of over 53 million silver-equivalent ounces at present metals prices;
•Five (5) NI 43-101 reports avaialable, including drill results indicating 2.27 MT grading 1.22 g/t Au and 172 g/t Ag;
•Previous mine dumps containing significant amounts of ore as well as outcropping ore bodies are readily accessible for processing.
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