Mining Project
San José
General Information
- Investment Company: Hochschild Mining - MCEWEN MINING INC.
- Operating Company: Minera Santa Cruz S.A.
- Source of Capital: Peru - Canadá
- Address: Av. Santa Fe 2755 - Piso 9° - (1064) - Capital Federal Buenos Aires
- Phone: +54-(0)-11-4132-7900
Project Details
Northwest Santa Cruz province
San José is a low sulfidation deposit with quartz sulfide and economic values for gold and silver.
Gold - Silver
Production
$200,000,000.00
Underground production - Mine of high grade vein system using cut and fill method (mechanized and semi mechanized) and Long Hole Stoping.
Crushing, grinding and processing (1,650 tpd) of mineral at site - Metal dore and concentrate as final product
Production in 2023: 134,000 oz gold equivalent ounces
5 Years
- Proven and Probable Reserves: 0.33 Moz de gold (equivalent)
- Measured and Indicated Resources: 0,99 Moz of gold (equivalent)
- Inferred Resources: 0.754 Moz of gold (equivalent)</u>
Additional Comments
2024 Guidance (51%): 5.0-5.1 Moz silver eq and 60,000 – 62,000 oz gold eq / Sustaining and expenditure for 2024 (100%): US$31-34 million • Additional resource and potential drilling planned in San Jose district • 2024 Forecasts: 10% increase in underground production through shift improvements / Open pit mining of newly discovered near-to-surface mineralisation adding to UG / Ongoing evaluation of +15% plant throughput increase with modest investment / Programmes in place to increase local employment and enhance operational skills