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Mexico
Parral Mine

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 Location:
93 km SW from Camargo, Chihuahua, Mexico

  Address:
Lateral Periférico de la Juventud No. 10707
Hidalgo Del Parral
Chihuahua, Mexico
31106
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  • Overview
  • Owners
  • Geology
  • Mining
  • Processing
  • Production
  • Reserves
  • Costs & Financials
  • Personnel
  • Filings & News

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Overview

StageProduction
Mine TypeTailings
Commodities
  • Gold
  • Silver
  • Copper
Mining Method
  • Truck & Shovel / Loader
Production Start...
Mine Life8.5 years (as of Jan 1, 2021)


Owners

Source: p. 5, 6, 8
CompanyInterestOwnership
GoGold Resources Inc. 100 % Indirect
The Project is held by GoGold’s wholly owned Mexican subsidiary, Grupo Coanzamex S.A. de C.V.

Contractors

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Deposit Type

  • Epithermal
  • Tailings


Summary:

The Parral mining district is situated in the centre of the Mexican silver belt epithermal silver-gold vein districts. The geology of this belt is characterized by two volcanic sequences of Tertiary age, discordantly overlying deeply eroded Mesozoic sediments and older metamorphic rocks. The physiography of the belt resembles the basin and range area in the western USA, with wide, flat valleys and narrow, relatively low mountain ranges and hills.

The precious metal-bearing fissure vein type of mineral deposit is the most widespread and economically important type of deposit found in the belt. The belt has been recognized as a significant metallogenic province, which has reportedly produced more silver than any other equivalent area in the world.

Tailings from the Mina la Prieta mill were impounded on dry ground to the north of the mine and milling complex. The tailings were deposited over many years in flat, consistent layers, dewatered and eventually built up in 5 m lifts into raised heaps reaching a final height of 50 m. The physical consistency of the material is uniform and has an average particle size distribution of 80% passing 0.255 mm.


Mining Methods

  • Truck & Shovel / Loader


Summary:

The Parral Project is a surface mining operation using conventional excavation equipment and on-road haulage trucks. The scale of production will require mining rates on the order of 5,200 t/d or 1.8 Mt/a of tailings. Waste handling quantities will be minimal.


Crushing and Grinding


Processing

Source: Subscription required

Summary:

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Production:

CommodityProductUnits202120202019201820172016
Gold Metal in doré oz  ......  Subscription required  ......  Subscription required  ......  Subscription required6,6557,9616,028
Silver Metal in doré oz  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required
Copper Sulfide t  ......  Subscription required  ......  Subscription required
Silver Equivalent Metal in doré oz  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required
Subscription required - Subscription is required.

Operational Metrics:

Metrics202120202019201820172016
Daily mining capacity  ......  Subscription required  ......  Subscription required5,200 t5,200 t5,200 t
Annual mining capacity  ......  Subscription required  ......  Subscription required1.8 Mt1.8 Mt1.8 Mt
Tonnes processed  ......  Subscription required  ......  Subscription required1,654,393 t1,619,061 t1,166,789 t1,834,888 t
Subscription required - Subscription is required.

Reserves at December 7, 2021:
The Mineral Reserve is estimated in a AuEq cut-off grade of 0.30g/t.

CategoryTonnage CommodityGradeContained Metal
Proven 6.8 Mt Gold 0.35 g/t 76 koz
Proven 6.8 Mt Silver 31.7 g/t 6,897 koz
Proven 6.8 Mt Gold Equivalent 0.77 g/t 168 koz
Proven 6.8 Mt Silver Equivalent 58 g/t 12,532 koz
Probable 6 Mt Gold 0.35 g/t 68 koz
Probable 6 Mt Silver 33.6 g/t 6,525 koz
Probable 6 Mt Gold Equivalent 0.81 g/t 157 koz
Probable 6 Mt Silver Equivalent 60 g/t 11,554 koz
Proven & Probable 12.8 Mt Gold 0.35 g/t 144 koz
Proven & Probable 12.8 Mt Silver 32.6 g/t 13,422 koz
Proven & Probable 12.8 Mt Gold Equivalent 0.79 g/t 325 koz
Proven & Probable 12.8 Mt Silver Equivalent 58 g/t 24,086 koz
Measured 6.8 Mt Gold 0.35 g/t 76 koz
Measured 6.8 Mt Silver 32 g/t 6,897 koz
Measured 6.8 Mt Gold Equivalent 0.77 g/t 168 koz
Measured 6.8 Mt Silver Equivalent 58 g/t 12,532 koz
Indicated 6 Mt Gold 0.35 g/t 68 koz
Indicated 6 Mt Silver 34 g/t 6,525 koz
Indicated 6 Mt Gold Equivalent 0.81 g/t 157 koz
Indicated 6 Mt Silver Equivalent 60 g/t 11,554 koz

Commodity Production Costs:

CommodityUnits202120202019201820172016
Cash costs (sold) Silver Equivalent USD  ......  Subscription required  ......  Subscription required  ......  Subscription required 18 / oz   16.8 / oz   6.6 / oz  
Cash costs (sold) Silver USD  ......  Subscription required†  ......  Subscription required†  ......  Subscription required† 19.5 / oz†   17 / oz†   0.76 / oz†  
All-in sustaining costs (sold) Silver Equivalent USD  ......  Subscription required  ......  Subscription required  ......  Subscription required 22.3 / oz   25.7 / oz   10.9 / oz  
† Net of By-Product.
Subscription required - Subscription is required.

Financials:

Units202120202019201820172016
Revenue M USD  ......  Subscription required  ......  Subscription required  ......  Subscription required 21   17   16.7  
Operating Income M USD  ......  Subscription required  ......  Subscription required  ......  Subscription required -28.4   -9.7   0.9  
After-tax Income M USD  ......  Subscription required  ......  Subscription required  ......  Subscription required -43.7   -0.6   -20.5  
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Heavy Mobile Equipment:

Mine Management:

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Nov 16, 2022
....................... Subscription required ....................... Subscription required Subscription required Nov 16, 2022
Subscription required - Subscription is required.


Corporate Filings & Presentations:

DocumentYear
Annual Information Form 2022
................................... Subscription required 2021
................................... Subscription required 2021
................................... Subscription required 2021
................................... Subscription required 2021
................................... Subscription required 2020
................................... Subscription required 2020
................................... Subscription required 2020
................................... Subscription required 2020
................................... Subscription required 2019
................................... Subscription required 2019
Annual Information Form 2018
Management Discussion & Analysis 2018
Annual Information Form 2017
Management Discussion & Analysis 2017
Quarterly Report 2017
Annual Information Form 2016
Management Discussion & Analysis 2016
Annual Information Form 2015
Management Discussion & Analysis 2015
Pre-Feasibility Study Report 2013
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