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Pino Alto Underground Silver Mine

A rich silver-lead-zinc proven mine in Mexico

Mine Details

Location: Mexico
Commodities: Lead, Silver, Zinc
Available Terms: For Sale
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Summary

We will be mining a large lead-zinc-silver, sulfide vein system with an average grade of 900g silver, 12.2% lead, 4.4% zinc per tonne. The mine contains a minimum of 250,000 tonnes, enough for 34 years of mining at 25 tonnes per day. Annual projected net profit, after tax, is $2.5m USD. We are looking for $35,000 - $100,000 USD for 1-3% share in the company, with 0.5% the minimum investment.

Location and Access

The mine is located in the Zimapan Mining District which is 153km north of Mexico City, in the western part of Hidalgo state.

Description

The property is 10 hectare and the sulfide vein is visible on the surface for 400m of the concession. The vein is approximately 1km in depth and the grade should stay consistent throughout because it is a sulfide. The vein was mined by hand in the past. The mine infrastructure is already in place, including a tunnel, drive, and headframe. We have the equipment needed to mine and a mill ready to receive our ore. Once the ore is turned into concentrate at the mill, we will ship it out to the buyer. We will start with 25 tonnes per day, and will look to work our way up to 40 tonnes per day. There is a secondary vein system on the property named Zapote. We will eventually mine that as well, but are starting with the property that is richer.

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