Sierra Madre govt chairman and COO Greg Liller mentioned the graduation of check mining represents “a big step” in bringing again the past-producing Guitarra mine, situated in southeastern finish of the Mexican silver belt.
He additionally famous that the flotation plant has been in steady 24-hour-a-day operation for the reason that final week of June, “demonstrating the worth and high quality of labor the plant working staff did throughout the refurbishment program.”
The corporate at the moment has 4 working Scoop trams, one low-profile haul truck and a Jumbo drill on website. As well as, it has bought an 18-tonne dump truck for floor and underground haulage and a Stopemate long-hole drilling machine.
The present mine tools availability is working at 88%, which Sierra Madre administration says is “a transparent indication of the standard and progress of the work that went into rebuilding the mining fleet.”
With this milestone, the corporate is now projecting full industrial manufacturing on the Guitarra mine to start within the fourth quarter of this yr. The operation at the moment employs 188 folks, lots of whom had beforehand labored on the mine.
The Guitarra underground mine was in operations between 2015-2018, producing 1-1.5 million oz. of silver equal yearly throughout that interval, earlier than being positioned on care and upkeep. Sierra Madre acquired the asset from First Majestic Silver for $35 million final March.