District |
Parral is a top 10, large, multi-vein, silver-rich historic mining district in Mexico measuring 10 km long by 10 km wide, discovered in the 1500’s, the Palmilla mine provided silver to Mexican mint in 1800s |
Property |
3,432 hectares |
Infrastructure |
Adjacent to city of Parral, with paved and gravel road access, on power grid, readily available water, labour and services in Parral |
Resources |
Historic resource of 32.1 million oz silver in three zones along the Veta Colorada totaling 4.0 million tonnes grading 249 gpt estimated by IMMSA |
Widths |
Three main high grade veins extend over eight km and up to 40 m thick, and bulk tonnage stockworks range from 10 to 50 meters thick |
Grades |
High grade veins range from 100 to 1000 gpt silver and bulk tonnage stockworks range from 30 to 150 gpt silver |
Recoveries |
Historically 60-90% |
Potential |
Multiple targets to discover new high grade zones for underground mining, and new low-grade zones for open pit mining |