The 100%-owned Cosalá Operations are located in the state of Sinaloa, Mexico and consist of 67 mining concessions that cover approximately 19,385 hectares. The Cosalá Operations are located in the east-central portion of the state of Sinaloa, Mexico, near the town of Cosalá. The town is located approximately 240 km by road northeast of Mazatlán, the nearest major city.
The Company’s Los Braceros process facility historically produced copper, lead and zinc concentrates from ore mined at the nearby Nuestra Señora mine. The property also includes the San Rafael mine, El Cajón project, several other smaller past-producing mines and numerous mineralized showings.
A focused exploration program has been implemented to explore the highly prospective land position and extend the mine life at San Rafael. Infill and extension drilling on the contiguous silver-copper Zone 120 is progressing well, positioning Zone 120 to be the logical life extension of San Rafael beyond its initial life, if not its own stand-alone operation.
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