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First Majestic Silver Corp.
Summary
| Project: | Del Toro | |
|---|---|---|
| Deposit: | Del Toro | |
| Location: | Mexico | |
| Commodities: | Silver-Gold-Lead-Zinc | |
| Date: | 12/20/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 20-12-2017: First Majestic Silver Corp. announces a Resource Estimation report for its Del Toro deposit at the Del Toro project. Technical Report including an updated Mineral Resource and Ore Reserve. This technical report (the Report) was prepared by Fir | |
| Resources: | (Reserve, P+P): 1.465Mt @ 163g/t Ag, 0.10g/t Au, 3.33% Pb, 2.65% Zn at project | |
| CP/QP: | [Resources]: Jesus M. Velador Beltran (Internal) | |
| ABSTRACT: | This technical report (the Report) was prepared by First Majestic Silver Corp. (FMS) to provide updated Mineral Resource, Mineral Reserve estimates and updated information on mine and process planning for the Del Toro Operations (Del Toro). The operating entity is FMS’s wholly-owned subsidiary First Majestic Del Toro, S.A. de C.V. FMS is a publicly listed company incorporated in Canada with limited liability under the legislation of the Province of British Columbia. The Company is in the business of silver production, development, exploration, and acquisition of mineral properties with a focus on silver production in Mexico. Del Toro is 100% owned and operated by FMS, and is located in the northwest portion of the state of Zacatecas, Mexico. Figure 2-1 shows the general location of Del Toro. Del Toro comprises a mining complex with three underground mines, one processing plant, and one paste tailings management facility. Current production is sourced from three different underground mining areas (San Juan, Perseverancia, San Nicolas, and Dolores) The effective date of the Mineral Resource and Mineral Reserve estimates is December 31, 2016. Drill hole database used to support the estimates was closed as of August 31st , 2016. The overall effective date of the Report is December 31, 2016. | |
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