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This high grade deposit stands strong, even in terrible markets.
Eric Fier, President and CEO of SilverCrest shares some highlights about the company:
SilverCrest is currently in advanced mining exploration going into development the Las Chispas project that's located in Sonora Mexico.
RBC has written SilverCrest up as being in the top 10 in the world for highest grade silver gold deposits.
Because this is a high grade silver deposit, you could be in a terrible market and this project still proves to be very attractive.
The history of Las Chispas
Las Chispas is the site of historical production of silver and gold from narrow high-grade veins in numerous underground mines dating back to approximately 1640.
The bulk of historical mining occurred between 1880 and 1930 by the Pedrazzini Gold and Silver Mining Company. Minimal mining activity is believed to have been conducted on the Property since this time.
SilverCrest has gained access to many of the historical workings through extensive mine rehabilitation of approximately 11 kilometres of a known 11.5 kilometres of underground development.
Rehabilitation is now complete with access to nine levels (approximately 900 vertical feet) on the Las Chispas Vein.
Access to the Property is very good. A 10 km dirt road, which connects to the paved Highway 89, has been upgraded. The highway connects to Hermosillo, approximately 220 km to the southwest, to Cananea 150 km to the north, or to Tucson, Arizona, approximately 350 km to the northwest
More On SilverCrest Metals
SilverCrest Metals Inc. is a Canadian mining exploration company headquartered in Vancouver, BC, that is focused on new discoveries, value-added acquisitions and targeting production in Mexico’s historic precious metal districts.
It mainly operates from Mexico and Canada. The Mexican operations consist of Cruz se mayo, Las chispas project, Huasabas, Guadalupe, Angel de plata and Estacion llano properties. Canadian operations are principally engaged in the acquisition, evaluation, and development of mining properties.
The Company is led by a proven management team in all aspects of the precious metal mining sector, including experience and success in applying a responsible “phased approach” business model.
For more information on SilverCrest Metals (SIL:TSXV, SILV:NYSE) please fill out the form below.
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