joe phillips - silver standar resources || latam ventures, mining in mexico pdac2012
TRANSCRIPT
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Mexico
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PRODUCTION
Pirquitas
DEVELOPMENT
Pitarrilla San Luis
Diablillos
RESOURCES
Berenguela
Challacollo
San Agustin Veta Colorada Candelaria
Maverick Springs
Sunrise Lake
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Our Assets
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LARGE SCALE OPPORTUNITY DISCOVERED BY SILVER STANDARD
PITARRILLA
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Mine Design Open-Pit
Plant Design 16,000 tpd with Leach & Flotation Circuits
Resources (M + I) 656M oz Ag Estimated Construction Time ~3 Years
Pitarrilla at a Glance
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Pitarrilla: Recent Accomplishments
$25M investment in August 2011
Hired project manager and development team
Baseline environmental survey commenced
Released updated mineral resource estimate Measured + Indicated: 655.7M oz Ag
Inferred: 65.0M oz Ag
Advanced construction and operations camps
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Pitarrilla: 2012 Feasibility Study
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Contracted M3 Engineering for Feasibility study
Scheduled to be completed by mid-year 2012
Design based on:
16,000 tpd open-pit mine
Leach and flotation processing facilities
Producing silver doré and separate zinc and lead concentrates
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W E
Pitarrilla: Mineralization Zones
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Cordon Colorado
Javelina Creek / East South Ridge
Breccia Ridge
Likely Pit Shape
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San Agustin at a Glance
Resources (M + I)
48M oz Ag 1.59M oz Au
2012 Focus Expand gold resource with drilling program in H2 2012
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MEXICO
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