Historically the highest-grade silver mine in the region.
Pinguico Mines Co. was listed on the New York Stock Exchange.
Pinguico operated from 1890 to 1913; operations ceased due to the Mexican Revolution.
Only 8km (5 miles) from El Cubo.
Above and below-ground stockpiles will be transported to El Cubo for processing.
Above ground stockpile is only 5 miles from El Cubo. Mineralized material from Pinguico can be easily transported to the El Cubo Mill for processing.
Mineral Resource Estimate
Tonnes
Silver (g/t)
Gold (g/t)
Silver Eq. (g/t)
Silver Eq. (ounces)
Indicated
210,600
79
0,6
127
860,000
Source: Behre Dolbear & Company (USA Inc.) PEA Jan 29, 2021
The primary geological structure in the area is the Veta Madre; this is a large multi-pulse system that is responsible for several prolific silver-gold mines along its trend. Where the Veta Madre collides with the Pinguico system is a potential “Game Changing” drill target.