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SAN LUIS PROJECT
SAN LUIS PROJECT
Country
Peru
Province
Ancash
Close to
Lima
Status
FEASIBILITY
Surface
290 km² / 71,659 acres
Latitude / Longitude
9 S 23 / 77 W 47
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Risk and valuation analysis of the SAN LUIS PROJECT
Status Risk : Feasibility
Country Risk : Important
Resource Risk : 47.00%
In situ value
255,892,236 $
Title(s) of the SAN LUIS PROJECT
Silver Standard Resources Inc.
Owner: 100%
Title
Company Profile
All Projects
Company website
Company project page
Esperanza Resources Corp.
Net Smelter Return: 1%
Title
Company Profile
All Projects
Company website
Company project page
Location of the SAN LUIS PROJECT
The San Luis property is an emerging mineralized district in central Peru. The property encompasses over 29,000 hectares of mineral concessions with good road access to nearby population centers. Elevations range from 3,800 meters to 4,700 meters.
Geology of the SAN LUIS PROJECT
High-grade gold and silver veins are hosted within Tertiary-age volcanic rocks of the Calipuy Formation. Five separate veins have been identified so far with a cumulative strike length of over 5000 meters.
Reserves and resources of the SAN LUIS PROJECT
Tonnage
Grade
Reserves and resources
Silver
Gold
Silver
Gold
g/t
g/t
oz
oz
Measured
0
0.00
34.30
60 652
Indicated
429,000
555.00
0.00
7 654 932
Mesured and Indicated
429,000
555.00
34.30
7 654 932
60 652
Total
429 000
7 654 932
60 652
Definitions
Reserves and resources of the SAN LUIS PROJECT
Metal
Total
Reserves
Resources
Unit
In situ value
Proven
Probable
Proven and Probable
Measured
Indicated
Mesured and Indicated
Inferred
Silver
7 654 932
7 654 932
7 654 932
oz
166 724 419 US$
Gold
60 652
60 652
60 652
oz
82 368 361 US$
Title / Ownership
3/1/2011
(Esperanza Res.)
to Sell San Luis, Peru Interest to Silver Standard
3/1/2011
(Silver Standard)
Consolidates the San Luis Project
Exploration and drilling
11/18/2010
(Esperanza Res.)
Rejects Silver Standard Proposal on San Luis Property
6/28/2010
(Esperanza Res.)
Provides San Luis Feasibility Update
10/7/2009
(Esperanza Res.)
Provides Update on San Luis Activities
12/2/2008
(Esperanza Res.)
SAN LUIS GOLD RESOURCES INCREASE BY 31%
5/9/2008
(Esperanza Res.)
San Luis Project Update and New Resource Estimate to be Prep...
5/9/2008
(Silver Standard)
San Luis Project Update and New Resource Estimate to be Prep...
11/15/2007
(Esperanza Res.)
San Luis' Initial Resource Estimate; Nearby Porphyry-Style B...
8/15/2007
(Silver Standard)
and Esperanza Update San Luis Exploration
11/20/2006
(Esperanza Res.)
Further Bonanza-Grade Holes at San
9/26/2006
(Esperanza Res.)
Commences Drilling at San Luis, Peru
9/19/2006
(Esperanza Res.)
Provides Projects Update
Discoveries and Drilling Results
12/3/2008
(Silver Standard)
San Luis Gold Resources Increase by 31%
12/3/2008
(Esperanza Res.)
San Luis Gold Resources Increase by 31%
11/16/2007
(Silver Standard)
San Luis' Initial Resource Estimate; Nearby Porphyry-Style B...
5/14/2007
(Silver Standard)
and Esperanza Extend San Luis' High-Grade to Depth
1/3/2007
(Esperanza Res.)
Drilling Expands High-Grade in Ayelen Vein at San Luis
10/31/2006
(Esperanza Res.)
Drilling Confirms San Luis' Bonanza Gold and Silver Grades
6/30/2006
(Esperanza Res.)
Discovers High-Grade Gold in Second San Luis Vein
5/2/2006
(Esperanza Res.)
Receives Drill Permit for the High-Grade San Luis Project
Location
Data last updated on : 6/4/2010
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