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Americas Silver Corp.
Summary
| Project: | Galena Complex | |
|---|---|---|
| Deposit: | Galena Complex | |
| Location: | United States | |
| Commodities: | Silver-Copper-Lead | |
| Date: | 12/30/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 30-12-2016: Americas Silver Corp. announces a Resource Estimation report for its Galena Complex deposit at the Galena Complex project. Summary of mineral resources and ore reserves at project as of 31 Dec 2015. Americas Silver Corporation (“Americas Silve | |
| Resources: | (Reserve, P+P): 1.546Mt @ 11.5opt Ag, 0.21% Cu, 5.13% Pb | |
| CP/QP: | [Resources]: James R. Atkinson (Internal) | |
| ABSTRACT: | Americas Silver Corporation (“Americas Silver” or the “Company”) prepared this Technical Report on the Galena Complex (“Galena”, “Galena Property” or the “Project”), a silvercopper-lead mining and milling operation located in the Coeur d’Alene Mining District in Shoshone County, Idaho, USA. The purpose of this report is to disclose Mineral Resource and Mineral Reserve estimates for the operation, as at December 31, 2015. This Technical Report conforms to National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”). Americas Silver is a silver, copper, lead and zinc producer with operations in the United States and Mexico. The Company, then known as Scorpio Mining Corporation (“Scorpio”), merged with U.S. Silver & Gold Inc. in December 2014. A predecessor of U.S. Silver & Gold Inc. acquired the Galena Complex effective June 2006. Americas Silver currently operates Galena through its wholly owned subsidiary, U.S. Silver–Idaho Inc. (“U.S. Silver”). The Galena Complex is located in the Coeur d’Alene Mining District in Shoshone County, Idaho, a prolific silver producing district since the mid-1800s. The Galena Complex consists of the operating Galena Mine with two shafts (Galena and #3), the Galena processing plant, the idle Coeur Mine with one shaft (Coeur), the Coeur processing plant (currently on care and maintenance), and the Caladay exploration property with one shaft (Caladay). The Galena Mine has operated since 1885, and between 1953 and 2015 the Galena Complex has yielded approximately 230 million ounces of silver along with associated amounts of lead and copper. Galena produces a nominal 550 tons per day (“stpd”) ore. The flotation processing plant located at Galena has a capacity of 700 stpd. It is configured to produce a single flotation concentrate (either silver-lead or silver-copper concentrates. Total metal production for 2015 was 1,489,736 ounces of silver, 17,436,671 pounds of lead and 304,753 pounds of copper. | |
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