About Project Cambalache:
The project is a silver (Ag) and lead (Pb) producing, low sulphidation polymetalic lode deposit, located in District of Lircay, Province of Angaraes, Department of Huancavelica to the southeast of Lima, Peru. The project is located at an elevation of 3,466 - 4,790 m.a.s.l. approximately 519 Km from Lima, capital of Peru, via the South-PanAmerican Highway.
•Currently producing at a rate of 12 TPD with current processing capacity of up to 60 TPD. Current production rate of 12 TPD produces approximately 1 ton of concentrate with a head grade of 8%.
•Project was previously producing until being shut down in early 1990's and only recently re-opened in late 2011. Located in a great silver mining area and just 12 km from Buenaventura's famous Julcani Mine
•Reported Grades from Assays - (Report: February, 2013) ?11% Pb/T, 15 oz./T Ag (466 g/T Ag)
Varying levels of Zn and Cu as potential products
•Reported high grade Ag ore shoot was developed at depth. It has been reported that on portal at 3,455 m.a.s.l. a high grade ore shoot, of direct shipping ore, was encountered. Some of the waste dumps found at the caved at the 3,455 m.a.s.l. portal have shown to be mineralized and are being economically exploited today.
•The 3,515 m.a.s.l crosscut has intercepted two of the three known veins that comprise the Veta Dos vein structure. Fresh cuts across the veins, showing they are there.
•Three identified low sulfidation veins with demonstrated 0.5 m - 10 m widths, 500 m lengths, and 250 m heights
•Existing infrastructure and operating plant on site
•Project is easily accessible via Pan-American and Libertadores highways
•Project has mining, environmental, social, and plant permits
