Consolidated Zinc has reported high-grade zinc results from initial assays at the Juarez mine in Mexico, part of the company’s Plomosas project. Consolidated Zinc acquired a majority share in the long-running zinc-lead-silver project through local subsidiary Minera Latin American Zinc CV SAPI.
The company’s assay results have delivered grades of up to 42.72 per cent zinc and lead from rock chips from the mine’s southern end — additional results from the mine’s northern end due to be released soon.
The neighbouring Alfonsitos and Mina Mexico prospects also returned positive regional sampling results of up to 34.96 and 28.5 per cent zinc and lead, respectively.
As of September 2017, the project was estimated to have 154,000 tonnes of contained metal at 15.9 per cent zinc and lead and 24 grams per tonne of silver, and the company plans to double its production targets following positive scoping studies in November.
Historical mining at Plomosas from 1945 to 1974 has extracted over 2 million tonnes of high grade ore; it is considered one of the world’s highest grade zinc projects.