Joe Phillips - Silver Standar Resources || Latam Ventures, Mining in Mexico PDAC2012

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Mexico  

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PRODUCTION

Pirquitas

DEVELOPMENT

Pitarrilla San Luis

Diablillos

RESOURCES

Berenguela

Challacollo

San Agustin Veta Colorada Candelaria

Maverick Springs

Sunrise Lake

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Our Assets

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LARGE SCALE OPPORTUNITY DISCOVERED BY SILVER STANDARD

PITARRILLA

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Mine Design Open-Pit

Plant Design 16,000 tpd with Leach & Flotation Circuits

Resources (M + I) 656M oz Ag Estimated Construction Time ~3 Years

Pitarrilla at a Glance

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Pitarrilla: Recent Accomplishments

  $25M investment in August 2011

  Hired project manager and development team

  Baseline environmental survey commenced

  Released updated mineral resource estimate   Measured + Indicated: 655.7M oz Ag

  Inferred: 65.0M oz Ag

  Advanced construction and operations camps

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Pitarrilla: 2012 Feasibility Study

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  Contracted M3 Engineering for Feasibility study

  Scheduled to be completed by mid-year 2012

  Design based on:

  16,000 tpd open-pit mine

  Leach and flotation processing facilities

  Producing silver doré and separate zinc and lead concentrates

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W E

Pitarrilla: Mineralization Zones

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Cordon Colorado

Javelina Creek / East South Ridge

Breccia Ridge

Likely Pit Shape

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San Agustin at a Glance

Resources (M + I)

48M oz Ag 1.59M oz Au

2012 Focus Expand gold resource with drilling program in H2 2012

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MEXICO

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