VETA NEGRA SILVER MINE

Veta Negra Silver Mine

The Veta Negra mine is a small open pit operation which commenced production in September 2019. It is located four kilometres northwest of the Guadalupe mill. The mine contributes a silver-rich feed to the Guadalupe mill from a near surface bulk tonnage zone. During the first quarter of 2021, the Veta Negra Mine provided 11% (Q1 2020 – 17%) of feed to the Guadalupe mill. Monthly average mining grades at Veta Negra during Q1 2021 ranged from 169 to 178 g/t silver. North-northwest trending parallel, near surface veins, stockworks and disseminations over a width averaging 14 metres justified open pit mining methods and drilling is continuing to determine the full potential of the zone. Work in progress has traced these veins on surface over a strike length of 650m