Hermosa Project

Projects

Taylor Deposit

  • Carbonate Replacement Deposit (CRD) (stratabound)
  • Sulfides of Zinc (with Silver), Lead (with Silver) and Copper
  • Metallurgical test work shows high recoveries with standard froth flotation
  • A resource reported in the 43-101 report on January 16, 2018 estimates 15.2 million tons in the Measured Mineral Resource category grading 4.0% zinc, 4.0% lead and 1.6 opt silver, or 9.6% ZnEq, plus 85.8 million tons in the Indicated Mineral Resource category grading 4.2% zinc, 4.3% lead and 2.2 opt silver, or 10.5% ZnEq, and 43.6 million tons of Inferred Mineral Resources grading 3.9% zinc, 4.8% lead and 3.4 opt silver or 11.9% ZnEq, all reported in accordance with NI 43-101 guidelines utilizing a 4% ZnEq cutoff grade.
  • Drill program continuing

Plan View of Taylor Deeps with ZnEq Grade Contour

Plan View of Taylor Deeps with ZnEq Grade Contour

Taylor Deposit Long Section Profile

Taylor Deposit Long Section Profile

Central Deposit

  • The Central Deposit is a manto style deposit which is confined to the contact between Permian carbonates and the overlying Jurassic rhyolites and does not permeate below the Concha limestone (100 ft - 500 ft or 30 m - 150 m).
  • The Central Deposit is comprised of manganese oxides with accessory silver minerals. The host rocks (Jurassic Rhyolites and Permian sediments) strike approximately southwest-northeast and dip ± 30° to the northwest. They do not appear to be significantly disrupted by post-mineralization faulting at deposit scale.
  • A resource reported in the 43-101 report on January 16, 2018 estimates 21.8 million tons in the Measured Mineral Resource category grading 3.3 ounces per ton (opt) silver, 9.2% manganese and 1.9% zinc, and 41.7 million tons in the Indicated Mineral resource category grading 1.7 opt silver, 9.8% manganese and 2.3% zinc, plus 1.8 million tons in the Inferred Mineral resource category grading 1.6 opt silver, 7.4% manganese and 2.6% zinc.

Central Deposit Longitudinal Section

Central Deposit Longitudinal Section Map

Central Deposit Cross Section

Central Deposit Cross Section Map

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