Peñasquito Project
Peñasquito
Country Mexico 
Province Zacatecas
Close to Concepción del oro
Status PRODUCTION  Mining Trend Zacatecas
Surface 390 km² / 96,369 acres
Latitude / Longitude 24 N 36 / 101 W 25
Legends
Valorisation
Print Valuation Travel To Property All neighbouring Properties Mines and deposits nearby All active properties nearby
Produces Gold - Zinc -
Develops
Explores for
Last updated on 1/11/2011 - Terms of Use
Risk and valuation analysis of the Peñasquito Project
Status Risk : Production
Country Risk : Light
    Link to technical report
Title(s) of the Peñasquito Project
VanEck Vectors Global Alternative Energy ETF
Owner: 75%
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TitleCompany ProfileAll ProjectsCompany websiteCompany project page
Goldcorp owns 100% of the mineral rights to a large area covering approximately 39,000 hectares located in the north-eastern portion of the State of Zacatecas (Figures 1-1 and 1-2) in north-central Mexico.
VanEck Vectors Global Alternative Energy ETF
: 25%
Company ProfileAll ProjectsCompany websiteCompany project page
TitleCompany ProfileAll ProjectsCompany websiteCompany project page
VanEck Vectors Global Alternative Energy ETF
Net Smelter Return: 2%
Company ProfileAll ProjectsCompany website
TitleCompany ProfileAll ProjectsCompany websiteCompany project page
Location of the Peñasquito Project
The Peñasquito project is an open pit mine hosting one of the world’s largest silver, gold, zinc and lead reserves. It is located in State of Zacatecas, Mexico and is 17 miles west of the town of Concepción del Oro
 
History of the Peñasquito Project
In 1998 Western Silver acquired the entire Peñasquito property from Kennecott. Glamis Gold Inc. acquired Western Silver on May 3, 2006. Goldcorp acquired Glamis in November 2006. Since 2002, all three companies have undertaken a continuous series of drilling campaigns on the property. The first gold was poured from the oxide circuit in May 2008 and mill start-up is scheduled for 2009.
 
Geology of the Peñasquito Project
The ore minerals in both deposits consist of sphalerite, galena, argentite and minor chalcopyrite and pyrite. These ore minerals contain the gold, silver, lead and zinc that will be produced.
 
Production history
Metal201020092008
GOLD (oz)168,20090,29919,999
SILVER (oz)3,711,9901,643,996
Location
Data last updated on : 12/31/2009
Disclaimer
All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
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