| Risk and valuation analysis of the GUANACEVI Project |
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| Location of the GUANACEVI Project |
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The Guanacevi property is located near Guadaceni, state of Durango, north west Mexico
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| History of the GUANACEVI Project |
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The district of Guanacevi was reknowned for its high silver grades. Official records indicate a total historic production value of around 500 million pesos, which is equivalent to approximately 500 million oz silver and equivalents. That would make Guanacevi one of the top five historic silver mining districts in Mexico on the basis of past production.
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| Production history |
| Metal | 2008 | 2007 | 2006 | 2005 |
| GOLD (oz) | 3,845 | 3,957 | 2,493 | 2,332 |
| SILVER (oz) | 1,853,000 | 1,910,000 | 1,350,000 | 950,000 |
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