Overview
Status | Care and Maintenance |
Mine Type | Underground |
Commodities |
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Mining Method |
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La Parrilla Silver Mine is a complex of underground operations consisting of the Rosarios, La Blanca and San Marcos mines which are inter-connected through underground workings, and the Vacas and Quebradillas mines which are connected via above-ground gravel roads.
Operations at the La Parrilla mine have been placed on care and maintenance since September 2019. |
Source:
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First Majestic Silver Corp. is pleased to announce that it has closed its previously announced transaction to sell its 100% owned past producing La Parrilla Silver Mine to Golden Tag Resources Ltd. following the receipt of approval from the Comisión Federal de Competencia Económica (COFECE) and the TSX Venture Exchange as well as the completion of other customary closing conditions. In consideration of the sale, First Majestic received 143,673,684 common shares of Golden Tag at a deemed price of CDN$0.19 per common share for an approximate value of CDN$27.0 million or US$20.0 million. First Majestic will also receive up to US$13.5 million in the form of three milestone payments in either cash or shares in Golden Tag with the share price and number of shares to be determined upon the anniversary date.
Contractors
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Deposit Type
- Vein / narrow vein
- Hydrothermal
- Intrusion related
Summary:
The mineralization at La Parrilla occurs in veins, breccias, stockworks and replacements that are hosted by the Cretaceous limestones and shales of the Indidura Formation and by the granodiorite–quartz monzonite intrusion. Contact metamorphism and metasomatism resulted in the development of marble, hornfels, skarnoid, and skarn at the intrusive contact. Because the mineralization is related to the intrusive contact and skarn development, the deposits are proposed to be of the intrusion related hydrothermal type, and may represent mesothermal to epithermal environments.
Veins at La Parrilla are of two types: open space filling veins and fault-veins. The open space filling veins can consist of massive sulphides veins; quartz-calcite veins containing pyrite, sphalerite, and galena; and breccia veins cemented by quartz-calcite. Fault-veins consists of matrix-supported breccias or gouge containing disseminated sulphides and oxides. Open space filling veins can transition along strike into fault-veins and vice versa, and the presence of stockwork is common at the contacts of the vein with the host rock. Thus, it is interpreted that most veins were open or partially open faults and fractures, that they were flooded with hydrothermal fluids, and that some of these were reactivated by later faulting. Replacement deposits, on the other hand, occur as oblique or perpendicular splays to veins and faults, and as larger replacement deposits concordant with sedimentary bedding. R ........

Summary:
Operations at the La Parrilla mine have been placed on care and maintenance since September 2019.
The La Parrilla Silver Mine is a complex of producing underground operations consisting of the Rosarios, La Blanca and San Marcos mines which are interconnected through underground workings, and the Vacas and Quebradillas mines which are connected via above-ground gravel roads.
Production in 2016 was from five underground sources and from the Quebradillas open pit. Oxide ores where supplied mainly by the Quebradillas open pit, and Quebradillas and San Marcos underground mines, while sulphide ores were supplied from Rosarios, Intermedia, Vacas and Quebradillas underground mines. Both the Quebradillas open pit and Vacas were mined out in 2016.
The underground mining operations currently use the Mechanized Cut and Fill (MCF) mining method. This is the mechanized version of a classic method for mining narrow orebodies and involves extracting the ore in small slices, 2 to 4 m high, working from the bottom of the mining block upwards. As each cut is extracted, the void is filled with waste rock from development to stabilize the walls and create a working platform for the next lift.
MCF mining for a new mining block begins by driving a 4 x 4m ramp on the footwall side of the ore body and establishing sub-levels at regular vertical intervals. A typical mining block at La Parrilla will have the main haulage levels every 50 m with three sub-levels at 12 m intervals. The main haulage ........

Flow Sheet:
Flow Sheet:
Summary:

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Reserves at December 31, 2021:
Category | OreType | Tonnage | Commodity | Grade | Contained Metal |
Measured
|
Sulphide
|
15 kt
|
Silver
|
193 g/t
|
90 koz
|
Measured
|
Sulphide
|
15 kt
|
Lead
|
1.27 %
|
0.4 M lbs
|
Measured
|
Sulphide
|
15 kt
|
Zinc
|
1.27 %
|
0.4 M lbs
|
Measured
|
Sulphide
|
15 kt
|
Silver Equivalent
|
250 g/t
|
120 koz
|
Indicated
|
Sulphide
|
321 kt
|
Silver
|
177 g/t
|
1,820 koz
|
Indicated
|
Sulphide
|
321 kt
|
Lead
|
2.59 %
|
18.3 M lbs
|
Indicated
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Sulphide
|
321 kt
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Zinc
|
2.7 %
|
19 M lbs
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Indicated
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Sulphide
|
321 kt
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Gold
|
0.08 g/t
|
0.8 koz
|
Indicated
|
Sulphide
|
321 kt
|
Silver Equivalent
|
303 g/t
|
3,120 koz
|
Inferred
|
Sulphide
|
578 kt
|
Silver
|
214 g/t
|
3,970 koz
|
Inferred
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Oxide
|
43 kt
|
Silver
|
196 g/t
|
270 koz
|
Inferred
|
Sulphide
|
578 kt
|
Lead
|
0.25 %
|
1 M lbs
|
Inferred
|
Sulphide
|
578 kt
|
Zinc
|
0.22 %
|
0.9 M lbs
|
Inferred
|
Sulphide
|
578 kt
|
Gold
|
0.08 g/t
|
1.6 koz
|
Inferred
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Oxide
|
43 kt
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Gold
|
0.14 g/t
|
0.2 koz
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Inferred
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Sulphide
|
578 kt
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Silver Equivalent
|
319 g/t
|
5,920 koz
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Inferred
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Oxide
|
43 kt
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Silver Equivalent
|
208 g/t
|
290 koz
|
Source:

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Mine Management:
Job Title | Name | Profile | Ref. Date |
.......................
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.......................
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Jul 21, 2023
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Corporate Filings & Presentations:
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