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Pan American Silver Corp.
Summary
| Project: | Escobal | |
|---|---|---|
| Deposit: | Escobal | |
| Location: | Guatemala | |
| Commodities: | Silver-Gold | |
| Date: | 10/18/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Active Mining & Production | |
| Report details: | 18-10-2019: Pan American Silver Corp. announces a Supporting Acquisition report for its Escobal deposit at the Escobal project. Technical report on property. Tahoe Resources Inc. (Tahoe or the Company), through its wholly owned subsidiary, Minera San Rafa | |
| Resources: | ||
| CP/QP: | [Resources]: Paul Tietz (Mine Development Associates) | |
| ABSTRACT: | Tahoe Resources Inc. (Tahoe or the Company), through its wholly owned subsidiary, Minera San Rafael, S.A. (MSR), owns and operates the Escobal mine in Guatemala. The Escobal deposit is an intermediate-sulfidation silver-goldlead-zinc vein deposit which the Company is mining by underground longhole stoping methods. Processing by differential flotation produces precious metal-rich lead and zinc concentrates for sale to international smelter customers. The mine is currently operating at the initial design rate of 3,500 tonnes per day (t/d) and preparing to increase the production rate to 4,500 t/d. The Escobal mine commenced production in the fourth quarter of 2013 and reached commercial production in January 2014. Through June 2014, the Escobal mine produced 12 million ounces of silver, 7,600 ounces of gold, 6,600 tonnes of lead and 7,300 tonnes of zinc in lead and zinc concentrates from mill feed averaging 581 grams per tonne (g/t) silver, 0.47 g/t gold, 1.0% lead and 1.4% zinc. The Feasibility Study (Study) demonstrates the feasibility of the Escobal mine and supports the declaration of Proven and Probable reserves. The Study provides economic parameters for the Escobal mine from July 1, 2014 forward. | |
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