The Mineral Resource estimated for each resource category – Indicated or Inferred – is displayed in Table 1, at different silver equivalent (AgEq) cut off grades. The report documents a maiden mineral resource estimate for the initial 500 m long x 100 m wide resource area, part of a 3.5 km mineralized exploration corridor at the San Marcial Project.
Jorge A. Ganoza, President and CEO, commented: For the second successive year, our infill drill programs at both San Jose and Caylloma were successful at replenishing Mineral Reserves mined. Mr. Ganoza added, In addition, the exploration programs executed last year resulted in the definition of a maiden Inferred Mineral Resource for the Victoria mineralized zone at San Jose, as well as the expansion of resources at Animas NE. Mr. Ganoza concluded, Both targets remain open at depth and along strike for further exploration.
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