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PRECIOUS METALS (US $)
Gold 1343.60-2.48
Silver 21.09-0.11
Platinum 1408.000.00
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SAN MARTIN Silver Mine
SAN MARTIN Silver Mine
Country Mexico 
Close to San martin de bolanos
Status PRODUCTION  Mining Trend Sierra Madre
Surface 78 km² / 19,373 acres
Latitude / Longitude 21 N 40 / 103 W 48
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Produces Silver -
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Risk and valuation analysis of the SAN MARTIN Silver Mine
Status Risk : Production
Country Risk : Light
Resource Risk : 20.00%
In situ value
1,054,465,397 $
    Link to technical report
Location of the SAN MARTIN Silver Mine
The San Martín mine is located 7.9 kilometers west of the small town of San Martín de Bolaños and, like the other mines in the district, is situated above the base of the western graben escarpment. The mine is centered on the Zuloaga Vein, which has by far been the most extensively developed vein in the district, having accounted for about one-half of the silver production in the district
 
History of the SAN MARTIN Silver Mine
The mine has been in continuous production since 1983 and produces approximately 1.8 million ounces of silver per year.
 
Geology of the SAN MARTIN Silver Mine
The project area lies in the southern part of the Sierra Madre Occidental, an extensive volcanic terrain starting near the United States-Mexican border and trending southeast into the states of Zacatecas and Jalisco. The terrain is characterized by more...
 
Reserves and resources of the SAN MARTIN Silver Mine
TonnageGradeReserves and resources
SilverSilver
g/toz
 Inferred8,200,000185.00 48 772 683
 Total 8 200 000 48 772 683
Definitions
Reserves and resources of the SAN MARTIN Silver Mine
MetalTotalReservesUnitIn situ value
ProvenProbableProven and ProbableMeasuredIndicatedMesured and IndicatedInferred
 Silver 48 772 683 48 772 683oz1 028 615 875 US$
Production history
Metal2009200820072006200520042003200220012000
GOLD (oz)2,0197961,6222,3232,1284,6843,0692,5474,9633,683
LEAD (lbs)165,79250,022
SILVER (oz)1,112,698920,9181,129,2171,626,119912,7402,349,3032,083,7952,632,5842,622,1572,545,362
Location
Data last updated on : 1/20/2009
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.
Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources