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Reserves and Resources (as of Dec 31, 2008)
| Reserves Proven & Probable |
| Description |
Tonnes |
Ag gpt |
Au gpt |
Ag-Eq gpt |
Ag oz |
Au oz |
Ag-Eq oz |
| Proven |
| Guanacevi |
57,000 |
361 |
0.49 |
398 |
661,600 |
900 |
729,100 |
| Total Proven |
57,000 |
361 |
0.49 |
398 |
661,600 |
900 |
729,100 |
| Probable |
| Guanacevi |
478,000 |
352 |
0.49 |
389 |
5,410,200 |
7,500 |
5,972,700 |
| Guanajuato |
214,000 |
251 |
2.20 |
416 |
1,727,100 |
15,100 |
2,859,600 |
| Total Probable |
692,000 |
321 |
1.02 |
397 |
7,137,300 |
22,600 |
8,832,300 |
| Total Proven & Probable |
749,000 |
324 |
0.98 |
397 |
7,798,900 |
23,500 |
9,561,400 |
*Cut-off grade for Proven & Probable Resources for Guanacevi is 270g/t Ag for Porvenir and 230 g/t Ag-Equivalent for Guanajuato
**Silver-Equivalencies are calculated using a 75:1 ratio based on prices of USD$12 per ounce of silver and USD$900 per ounce of gold; no base metal credits are used for calculating silver-Equivalencies
|
| Resources Indicated |
| Description |
Tonnes |
Ag gpt |
Au gpt |
Ag-Eq gpt |
Ag oz |
Au oz |
Ag-Eq oz |
| Guanacevi |
1,710,000 |
290 |
0.53 |
330 |
15,957,900 |
28,900 |
18,125,400 |
| Guanajuato |
288,000 |
202 |
1.60 |
322 |
1,872,700 |
14,800 |
2,982,700 |
| Total Indicated |
1,998,000 |
278 |
0.68 |
329 |
17,830,600 |
43,700 |
21,108,100 |
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| Resources Inferred |
| Description |
Tonnes |
Ag gpt |
Au gpt |
Ag-Eq gpt |
Ag oz |
Au oz |
Ag-Eq oz |
| Guanacevi |
1,563,000 |
240 |
0.37 |
268 |
12,069,800 |
18,800 |
13,479,800 |
| Guanajuato |
782,000 |
229 |
2.00 |
379 |
5,751,000 |
50,300 |
9,523,500 |
| Total Inferred |
2,345,000 |
236 |
0.92 |
305 |
17,820,800 |
69,100 |
23,003,300 |
*Cut-off grade for Indicated & Inferred Resources for Guanacevi is 200g/t Ag for Porvenir and 100 g/t Ag for Alex Breccia, Santa Cruz, Porvenir Dos and Noche Buena.
**Cut-off grade for Indicated & Inferred Resources for Guanajuato is 200 g/t Ag-Equivalent
***Silver-Equivalencies are calculated using a 75:1 ratio based on prices of USD $12 per ounce of silver and US$900 per ounce of gold, no base metal credits are used for calculating silver-Equivalencies.
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| Silver-Gold-Lead-Zinc Resources - Guanacevi |
| Resources Indicated |
| Description |
Tonnes |
Ag gpt |
Au gpt |
Ag-Eq gpt |
Ag oz |
Au oz |
Ag-Eq oz |
Zn % |
Pb % |
| Guanacevi |
85,000 |
66 |
0.18 |
80 |
179,500 |
500 |
217,000 |
2.2 |
3.6 |
| Total Indicated |
85,000 |
66 |
0.18 |
79 |
179,500 |
500 |
217,000 |
2.2 |
3.6 |
| |
| Resources Inferred |
| Description |
Tonnes |
Ag gpt |
Au gpt |
Ag-Eq gpt |
Ag oz |
Au oz |
Ag-Eq oz |
Zn % |
Pb % |
| Guanacevi |
260,000 |
72 |
0.15 |
83 |
604,300 |
1,300 |
701,800 |
2.1 |
3.4 |
| Total Inferred |
260,000 |
72 |
0.16 |
84 |
604,300 |
1,300 |
701,800 |
2.1 |
3.4 |
*Cut-off grade for Indicated & Inferred Resources for Guanacevi is 50 g/t Ag plus 3.5% combined Pb-Zn.
**Silver-Equivalencies are calculated using a 75:1 ratio based on prices of USD$12 per ounce of silver and USD$900 per ounce of gold; no base metal credits are used for calculating silver-Equivalencies.
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| Silver-Gold-Lead-Zinc Resources - Cometa |
| Resources Indicated |
| Description |
Tonnes |
Ag gpt |
Au gpt |
Ag-Eq gpt |
Ag oz |
Au oz |
Ag-Eq oz |
Zn % |
Pb % |
| Cometa |
934,000 |
49 |
1.46 |
159 |
1,471,400 |
43,800 |
4,756,400 |
3.2 |
3.2 |
| Total Indicated |
934,000 |
49 |
1.46 |
158 |
1,471,400 |
43,800 |
4,756,400 |
3.2 |
3.2 |
| |
| Resources Inferred |
| Description |
Tonnes |
Ag gpt |
Au gpt |
Ag-Eq gpt |
Ag oz |
Au oz |
Ag-Eq oz |
Zn % |
Pb % |
| Cometa |
528,000 |
61 |
1.45 |
170 |
1,035,500 |
24,600 |
2,880,500 |
3.0 |
2.7 |
| Total Inferred |
528,000 |
61 |
1.45 |
170 |
1,035,500 |
24,600 |
2,880,500 |
3.0 |
2.7 |
*Cut-off grade for Indicated & Inferred Resources for Cometa is USD$40 NSR based on metal prices of USD$12 per ounce of silver, USD$900 per ounce of gold, USD$0.50 per pound of lead, USD$0.50 per pound of zinc; metallurgical recoveries used were 71% for silver, 75% for gold, 80% for lead and 74% for zinc.
**Silver-Equivalencies are calculated using a 75:1 ratio based prices USD$12 per ounce of silver and USD$900 per ounce of gold; no base metal credits are used for calculating silver-Equivalencies.
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View Guanacevi NI 43-101 Report
View Guanajuato NI 43-101 Report
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