New expansion in Vereda Guayaquil

The analysis of several samples that we have been collecting from the Los Lopez mine, which reaches the La Morena vein and samples of the tailings (final process of the beneficiated material in plant) left by former miners, who exploited in an artisanal way an area of the Platanilla sub vein and the La Morena vein, and the drillings made by the company Mineros S.A., have led us to conclude that we have an area with potentially better resources than the Guayaquil vein from the point of view of tenor (g/t) and from the point of view of economically viable concentrations such as the Guayaquil vein, have led us to conclude that we have a potentially better area in resources than the Guayaquil Vein from the point of view of tenor (g/t) and from the minerals that we have found in economically viable concentrations such as platinum and palladium.

This project consists of a series of drill holes that will make available about 88,338 tons of mine material. In 150 meters deep, 360 meters long and 0.6 meters wide there are 14 initial exploitation panels.

To achieve to reach and extract in the shortest time those resources, we require outside of drilling, expand our infrastructure in mine and begin the conditioning of the beneficiation plant so that it can in approximately 6 months time, have the capacity to process the mine ore (200 to 250 tons per day in the short term and exceed 300 t/d in the medium term).

Plant expansion:

  • Conical crusher of 25 tons/hour.
  • Denver type centrifugal pump
  • 30HP air compressor
  • 2 ton/hour filter press
  • Mill 2mx3m
  • Circular flotation cells
  • Denver Type Flotation Cells
  • Knelson Centrifugal Concentrator
  • 6 inch hydrocyclones
  • Smelting furnace for superconcentrates

Mine and transportation expansion:

  • Cable car expansion
  • Extra wagons
  • Pneumatic shovels
  • Locomotives
  • 175HP air compressor
  • Jack Leg Drill and Stopper
  • Drag Winch
  • Loading winch
  • 40HP Fan
  • 25 Lb/Yard Rails
  • Bows
  • Water pumps
  • Expansion of the mine electrical system

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