- 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.
Underground drill program underway to define a maiden resource!
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.
Pinguico Historic Stockpiles Resource
(as per Jan 2021 Preliminary Economic Analysis)
| Tonnes | Silver (g/t) |
Gold (g/t) |
Silver Eq. (g/t) |
Silver Eq. (ounces) |
|
| Indicated | 210,600 | 79 | 0,6 | 127 | 860,000 |
Silver Equivalent: (1 ounce gold = 80 ounces of silver)
Based on average of 5-year historic silver and gold prices.
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.
