Commanding strategic land position in the Fresnillo Belt, Zacatecas Mexico, comprising 7,826 hectares (78.2 square kilometers)

Key Mexican Silver Deposits of the Sierra Madre

The Zacatecas Silver Mining District

Major Epithermal Deposits and Regional Structure

  • Most epithermal deposits in Mexico associated with Tertiary volcanism associated with the evolution of the Sierra Madre and Guerrero Terranes.


  • The regional distribution of deposits is closely associated in space with regional-scale faults.


  • In the Zacatecas region the San Luis-Tepehuanes Fault and associated splays exert a fundamental control on mineralization.


  • A westward flexure of the fault in the Zacatecas region is important with respect to structural localization and control of major deposits. Zacatecas Silver Corp. concessions are ideally located with respect regional structures.

Intermediate and Low Sulphidation Deposit Types

  • Epithermal deposits of the Zacatecas region were historically modelled as low sulphidation type with restricted vertical precious metal interval.


  • Re-modelling suggests deep boiling intermediate sulphidation types are also present — allowing for much deeper resource potential.


  • Understanding the vertical location in the system and type of system — allows for much more effective drill targeting.

A Commanding Land Package
7826 ha (19,338 acres)

The Panuco Deposit

Historical resource of 19.47 Moz Ag eq. at 100 g/t Ag eq. cut-off) from 3.95 Mt at 153 g/t Ag eq. Mineralization open along strike and at depth.

  • 75 holes (23,444 m) drilled by a previous operator. Intercepts included:
    • Hole PA09-01: 174-176 m for 1.79 m grading 0.32 g/t Au, 517 g/t Ag, 0.43% Pb and 2.32% Zn.
    • Hole PA11-68: 625-626.5 m for 1.5 m grading 1.05 g/t Au, 668 g/t Ag, 0.01% Pb and 0.01% Zn.
  • Mineralization is open at depth and along strike with drill ready targets.
  • A number of undrilled sections of veins, fault splays and jogs where vein orientation changes, are important exploration targets. The potential NW extension of veins beneath shallow cover requires further work.

Exploration Work Program Commenced Qtr 4 of 2020

The Company has resampled and of re-assed approximately 15% of the mineralized intervals used in the historic Panuco resource estimate. Historic drill hole locations have been re-surveyed.  The company has commenced re-modelling of the historical resource estimate.

The company has collected over 100 kg of mineralization from intervals used in the Panuco historical inferred resource estimate and shipped it to SGS Lakefield for bench-scale metallurgical test-work.  The program is designed test process flow-paths to further optimize silver, gold, lead and zinc recoveries.