The Company holds an option to acquire a 100%-interest in its flagship project, the past-producing Candelaria Silver Mine, Nevada. Potential reprocessing of silver from the historic leach pads at Candelaria is being investigated. Additional opportunities lie in previously identified high-grade silver intercepts down-dip and the possibility of increasing the substantive silver mineralization along-strike from the two past-producing open pits.


Candelaria Historic In-Ground Resource

Classification Tons Factored Ag Grade (opt Agtotal) Sol. Au Grade (opt Ausoluble) AqEq Grade (opt AgEqtotal) Ag Ounces (Agtotal) Aq Equiv. Ounces (AqEqtotal)
M + Ind 13,623,000 3.23 0.003 3.42 44,060,000 46,633,000
Inf. 18,353,000 1.49 0.002 1.52 34,676,000 36,563,000

Candelaria 43-101 Leach Pad Resource

Classification Tonnes
Ag (FA)
Au (FA)
Au (soluble)
Contained Metal*
Ag (Moz) | Au (oz)
LP1 22,184.000 42.1 0.074 15.6 0.022 30.017 | 52,000
LP2 11,451.000 41.8 0.100 23.3 0.032 15.397 | 36,700

For notes on Historic Resources click here

Candelaria, Nevada

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