The current Mineral Resources (refer PEA, 2018) for Pinos are summarised in the table below.
Candelaria Mining Corporation
Pinos Project
A. UNDERGROUND MINERAL RESOURCES |
Resource Class |
Cutoff Grade (g Au/t) |
Mine Dilution (%) |
Area |
Tonnes Above Cutoff |
Gold Grade (g Au/t) |
Silver Grade (g Au/t) |
True Vein Width (m) |
Indicated |
2.2 |
10 |
San José de Peñitas |
98,448 |
3.0 |
51.3 |
1.34 |
San Francisco |
52,177 |
5.0 |
43.3 |
1.77 |
San Carlos de Arandas |
19,174 |
2.6 |
29.0 |
2.1 |
Natividad |
5,897 |
5.8 |
78.5 |
1.08 |
Total Indicated |
2.2 |
10 |
ALL |
175,697 |
3.64 |
47.4 |
1.5 |
Resource Class |
Cutoff Grade (g Au/t) |
Mine Dilution (%) |
Area |
Tonnes Above Cutoff |
Gold Grade (g Au/t) |
Silver Grade (g Au/t) |
True Vein Width (m) |
Inferred |
2.2 |
10 |
San José de Peñitas |
328,770 |
3.0 |
51.3 |
1.34 |
San Francisco |
145,480 |
5.0 |
43.3 |
1.77 |
San Carlos de Arandas |
45,539 |
2.6 |
29.0 |
2.1 |
Natividad |
9,479 |
5.8 |
78.5 |
1.08 |
Total Indicated |
2.2 |
10 |
ALL |
529,267 |
3.6 |
47.7 |
1.5 |
B. OTHER MINERAL RESOURCES |
Resource Class |
Cutoff Grade (g Au/t) |
Mine Dilution (%) |
Area |
Tonnes Above Cutoff |
Gold Grade (g Au/t) |
Silver Grade (g Au/t) |
True Vein Width (m) |
Measured |
|
|
Candelaria Dumps |
85,847 |
1.6 |
82.9 |
0 |
Total Measured |
|
|
ALL |
85,847 |
1.6 |
82.9 |
0 |
N.B. UG Mineral Resources only from Cinco Estrellas Trend, independently of ongoing exploration for expansion of mineral resources along San Manuel Vein, San Ramón Trend, Candelaria Trend, La Paz Trend, Fátima Trend, Africano Trend and San Matiás Au Disseminated Target. Grades have 10% Dilution (Cut and Fill Mining)