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San Marcial Project
San Marcial
Country
Mexico
Province
Sierra madre
Close to
Mazatlan
Status
ADVANCED DISCOVERY
Surface
13 km² / 3,089 acres
Latitude / Longitude
23 N 08 / 105 W 33
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Lead - Silver - Zinc -
Risk and valuation analysis of the San Marcial Project
Status Risk : Advanced discovery
Country Risk : Light
Resource Risk : 20.00%
In situ value
360,922,405 $
Link to technical report
Title(s) of the San Marcial Project
Silvermex Resources Ltd.
Owner: 100%
Title
Company Profile
All Projects
Company website
Company project page
Silver Standard Resources Inc originally optioned the property from Gold Ore Resources Ltd (Gold-Ore) in February 2002 and completed the purchase of a 100 percent interest, subject to the underlying agreement with the owner, in July 2002. The under
more...
Location of the San Marcial Project
The property is located in the Sierra Madre mountains, 90 kilometers east of Mazatlan in Mexico. It consists of a single claim totaling 1,250 hectares in a district which has produced silver, gold, lead and zinc.
History of the San Marcial Project
The district is historically known as a significant area for silver, gold, lead and zinc production from as early as the 1600’s. The property has a history of sporadic exploration and limited production since the 1930’s. During the period 1984-1988,
more...
Geology of the San Marcial Project
The property is underlain by basal conglomerates, rhyolites, and dacites of the Upper Volcanic Group, a sequence of andesite-dacite composition of the Lower Volcanic Group and finally a volcano sedimentary sequence. The silver mineralization is hoste
more...
Reserves and resources of the San Marcial Project
Tonnage
Grade
Reserves and resources
Lead
Silver
Zinc
Lead
Silver
Zinc
%
g/t
%
lbs
oz
lbs
Inferred
2,310,000
0.32
191.79
0.66
16 296 570
14 243 902
33 611 678
Total
2 310 000
16 296 570
14 243 902
33 611 678
Definitions
Reserves and resources of the San Marcial Project
Metal
Total
Reserves
Resources
Unit
In situ value
Proven
Probable
Proven and Probable
Measured
Indicated
Mesured and Indicated
Inferred
Silver
14 243 902
14 243 902
oz
318 493 655 US$
Zinc
33 611 678
33 611 678
lbs
24 902 892 US$
Lead
16 296 570
16 296 570
lbs
13 205 111 US$
Exploration and drilling
8/13/2010
& Silver Standard Resources Inc. Amend Option Agreement
5/19/2010
3000 Meter Core Drilling Program to Commence on the San Marc...
3/31/2009
Initiates Preliminary Economic Assessment on its San Marcial...
3/23/2009
Executes Formal Option Agreement with Silver Standard for Sa...
10/8/2008
104 g/t Silver Across 93 Meters Returned From San Marcial Si...
5/29/2008
3,700 Meter Core Drilling Program Commences on the San Marci...
Discoveries and Drilling Results
8/25/2010
Announces Positive Results of San Marcial Drill Program
5/11/2010
High-grade trench sampling assays. Highlights include: 9.70 ...
11/6/2008
Resource Summary And Corporate Update
10/9/2008
San Marcial Resource Update - Silver Resource Increases Subs...
10/3/2008
104 g/t Silver Across 93 Meters Returned From San Marcial
4/17/2008
Extends Strike Length at San Marcial to 3,500 Meters
Location
Data last updated on : 12/31/2009
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Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources
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