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hermosa projectoverview Hermosa Project The He

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Post# of 10
Posted On: 01/05/2013 7:55:06 PM
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Posted By: Depcom
hermosa projectoverview
Hermosa Project

The Hermosa property is located about 80 kilometres southeast of Tucson, Arizona, approximately 13 kilometres north of the U.S. border with Mexico. The property is 100% owned by Arizona Minerals Inc., which is 80% owned by Wildcat Silver.
Wildcat has increased Hermosa’s total resource base more than six times since its first estimate in 2007. The project currently hosts a measured and indicated resource of 236 million ounces of silver plus an inferred resource of 79 million ounces of silver. Hermosa’s current PEA estimates over 15 million ounces of silver production per year for the first five years of production, and a 16 year mine life. The Company expects to complete a pre-feasibility study by the end of the second quarter of 2013.


Hermosa Mineral Resource Estimate

Zone
Type
Tonnes
(000)
Ag
(g/t)
Au
(g/t)
Mn
(%)
Zn
(%)
Cu
(%)
Contained Silver
Ounces (000s)
Measured Mineral Resource*
Manto
Oxide
36,744
66.64
0.09
7.12
1.81
0.07
78,725
Upper Silver
Mixed
57,038
29.64
0.07
0.85
0.12
0.02
54,360
Total Measured
93,782
44.14
0.07
3.31
0.78
0.04
133,085
Indicated Mineral Resource*
Manto
Oxide
39,713
41.52
0.06
5.69
1.66
0.06
53,008
Upper Silver
Mixed
60,685
25.36
0.06
0.95
0.16
0.02
49,481
Total Indicated
100,398
31.75
0.06
2.83
0.75
0.04
102,489
Measured and Indicated Mineral Resource*
Manto
Oxide
76,457
53.59
0.07
6.38
1.73
0.06
131,733
Upper Silver
Mixed
117,722
27.44
0.06
0.90
0.14
0.02
103,841
Total Measured & Indicated
194,180
37.73
0.07
3.06
0.77
0.04
235,574

Inferred Mineral Resource*
Zone
Type
Tonnes
(000)
Ag
(g/t)
Au
(g/t)
Mn
(%)
Zn
(%)
Cu
(%)
Contained Silver
Ounces (000s)
Manto
Oxide
21,747
39.56
0.06
7.03
2.79
0.10
27,662
Upper Silver
Mixed
57,764
27.65
0.06
0.85
0.17
0.02
51,346
Total Inferred
79,510
30.91
0.06
2.54
0.89
0.04
79,008

* The mineral resource is constrained within a Whittle optimized pit shell based on the following metal prices and recoveries: (Metal/Price/Recovery): Silver/$25.76 per oz/90%; Manganese/$0.60 per lb/95%; Zinc/$0.93 per lb/80%; Copper/$3.21 per lb/90%). The mineral resource is based on processing costs of US$27.55/tonne for the Manto Zone. The Upper Silver Zone mineral resource is tabulated using a silver cut-off grade of 8.57 g/t.
Previous mineral resources did not include a resource for gold as no metallurgical test work had been completed to prove its recovery or economic viability. As a result of recent test work the expected recovery included in the above table has been used and gold has been included in the total mineral resource. This mineral resource is reported on a 100% basis.


Interactive 3D Model of Hermosa Mineralization


Downloads

Wildcat Presentation
Click here to download
Wildcat Factsheet
Click here to download
2012 Hermosa PEA (43-101)
Click here to download
3D Mineralization Model
Click here to view
List of Drill Results
Click here to view
Hermosa Cross Sections
Click here to download
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