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Mexico
Saucito Mine

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 Location:
7 km SW from Fresnillo, Zacatecas, Mexico
  Regional Office:

Fresnillo
Zacatecas, Mexico
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  • Overview
  • Owners
  • Geology
  • Mining
  • Processing
  • Production
  • Reserves
  • Costs & Financials
  • Personnel
  • Filings & News
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Overview

StageProduction
Mine TypeUnderground
Commodities
  • Silver
  • Gold
  • Lead
  • Zinc
Mining Method
  • Overhand Cut & Fill
Processing
  • Flotation
Mine Life5.3 years (as of Jan 1, 2019)

Owners

 
CompanyInterestOwnership
Fresnillo plc. 100 % Indirect
Minera Saucito S.A. de C.V. 100 % Direct
Deposit Type

  • Epithermal
  • Vein / narrow vein

Summary:

The Saucito project comprises a system of epithermal veins containing silver, gold, lead and zinc. The veins are polymetallic, containing gold, silver, lead, zinc and copper mineralization in sulfides.

Mining Methods

  • Overhand Cut & Fill

Summary:

The Saucito-Jarillas service ramp has reached 3,000 metres length and the Saucito shaft has now reached 530 metres depth with 600 metres being the final target.

Processing Technologies

  • Flotation

Summary:

Saucito’s beneficiation plant and process is very similar to that of Fresnillo. Saucito produces two types of concentrate; a lead concentrate, high in silver content, and a zinc concentrate. Crushed ore from the mine is fed into an SAG mill, where it is ground further and then passed into ball mills to further process it before passing to the flotation stage. The flotation process consists of two circuits to produce lead and zinc concentrates. Lead and zinc concentrate is loaded onto trucks for shipment to the Met-Mex refinery.

Recoveries & Grades:

CommodityParameter2018201720162015201420132012
Silver Head Grade, g/t 257.6279.8302.7327.5338.9329.6264.9
Gold Head Grade, g/t  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required
Lead Head Grade, %  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required
Lead Concentrate Grade, %  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required
Zinc Head Grade, %  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required
Zinc Concentrate Grade, %  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required
Subscription required - Subscription is required.

Production:

CommodityProductUnits2018201720162015201420132012
Silver Metal in concentrate oz  ......  Subscription required  ......  Subscription required  ......  Subscription required21,983,85215,396,75411,581,0147,053,780
Gold Metal in concentrate oz  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required
Lead Concentrate t  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required
Lead Metal in concentrate t  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required
Zinc Concentrate t  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required
Zinc Metal in concentrate t  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required
Subscription required - Subscription is required.

Operational Metrics:

Metrics20182017201620152014201320122011
Daily milling capacity  ......  Subscription required  ......  Subscription required7,800 t6,600 t3,000 t
Annual milling capacity  ......  Subscription required  ......  Subscription required2,600,000 t2,200,000 t990,000 t
Tonnes processed  ......  Subscription required  ......  Subscription required2,635,093 t2,339,096 t1,534,579 t1,181,737 t905,027 t823,339 t
Daily mining capacity  ......  Subscription required  ......  Subscription required7,800 t of ore / dso7,500 t of ore / dso4,600 t of ore / dso
Subscription required - Subscription is required.

Reserves at December 31, 2018:

CategoryTonnage CommodityGradeContained Metal
Proven 3,901 kt Silver 307 g/t 38,465 koz
Proven 3,901 kt Gold 1.63 g/t 204 koz
Proven 3,901 kt Lead 1.05 % 41 kt
Proven 3,901 kt Zinc 1.72 % 67 kt
Probable 11,010 kt Silver 259 g/t 91,824 koz
Probable 11,010 kt Gold 1.34 g/t 475 koz
Probable 11,010 kt Lead 1.37 % 151 kt
Probable 11,010 kt Zinc 2.42 % 266 kt
Proven & Probable 14,910 kt Silver 272 g/t 130,289 koz
Proven & Probable 14,910 kt Gold 1.42 g/t 679 koz
Proven & Probable 14,910 kt Lead 1.29 % 192 kt
Proven & Probable 14,910 kt Zinc 2.24 % 333 kt
Measured 6,937 kt Silver 366 g/t 81,733 koz
Measured 6,937 kt Gold 2.31 g/t 515 koz
Measured 6,937 kt Lead 1.36 % 95 kt
Measured 6,937 kt Zinc 2.23 % 155 kt
Indicated 14,383 kt Silver 265 g/t 122,314 koz
Indicated 14,383 kt Gold 1.58 g/t 731 koz
Indicated 14,383 kt Lead 1.54 % 222 kt
Indicated 14,383 kt Zinc 2.83 % 407 kt
Measured & Indicated 21,319 kt Silver 298 g/t 204,046 koz
Measured & Indicated 21,319 kt Gold 1.82 g/t 1,246 koz
Measured & Indicated 21,319 kt Lead 1.48 % 316 kt
Measured & Indicated 21,319 kt Zinc 2.63 % 562 kt
Inferred 27,755 kt Silver 251 g/t 224,111 koz
Inferred 27,755 kt Gold 0.71 g/t 637 koz
Inferred 27,755 kt Lead 1.11 % 309 kt
Inferred 27,755 kt Zinc 1.97 % 547 kt

Commodity Production Costs:

CommodityUnits20182017201620152014
Cash costs Silver USD  ......  Subscription required†  ......  Subscription required†  ......  Subscription required† 1.15 / oz† 2.48 / oz†
All-in sustaining costs (AISC) Silver USD  ......  Subscription required†  ......  Subscription required†  ......  Subscription required† 7.11 / oz† 5.43 / oz†
† Net of By-Product.
Subscription required - 'Investor' subscription is required.

Operating Costs:

Units20172016201520142013
UG mining costs ($/t milled) USD 47.636.842.559.161

Financials:

Units20182017201620152014
Capital expenditures M USD  ......  Subscription required  ......  Subscription required  ......  Subscription required 108.3   114.4  
Revenue M USD  ......  Subscription required  ......  Subscription required  ......  Subscription required 468.4   372.5  
Gross profit M USD  ......  Subscription required  ......  Subscription required  ......  Subscription required 295.2   235  
Subscription required - Subscription is required.

Heavy Mobile Equipment:

Mine Management:

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required May 28, 2019
....................... Subscription required ....................... Subscription required May 28, 2019
Subscription required - Subscription is required.

Staff:

EmployeesContractorsTotal WorkforceYear
Subscription required Subscription required Subscription required 2018
Subscription required Subscription required Subscription required 2017
Subscription required Subscription required Subscription required 2016
Subscription required Subscription required Subscription required 2015

Corporate Filings & Presentations:

DocumentYear
................................... Subscription required 2018
................................... Subscription required 2017
................................... Subscription required 2016
................................... Subscription required 2016
Annual Report 2015
Annual Report 2014
Annual Report 2010
Press Release 2008
Subscription required - Subscription is required.

Aerial view:

Subscription required - Subscription is required.

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