Americas Silver Corporation, listed...
A leading Canadian silver producer has announced that it has commenced production from its flagship mine in Mexico.
Americas Silver Corporation, listed on the TSX, has officially begun producing at its San Rafael Mine in Sinaloa, Mexico.
The company is targeting a throughput of 1500 tonnes of zinc-lead-silver per day and is currently producing over 1000 tonnes per day as ramp-up continues.
San Rafael is part of the company’s wider Cosala Operations, located in Sinaloa, Mexico. In 2015, production from the overall operation totalled 1.16 million silver ounces.
The San Rafael property hosts a zinc-lead-silver deposit and is located approximately 8km north of the Company's Los Braceros process plant.
The San Rafael Project is expected to deliver average annual production of 1.0 million ounces of silver, 50 million pounds of zinc and 20 million pounds of lead over a 6 year initial mine life at negative AISC based on current reserves.