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Mexico
San Martin Mine

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 Location:
44 km E from Santiago de Querétaro, Querétaro, Mexico

  Address:
Dimicilio Conoido s/n
Ranchería San Martín
Colon
Querétaro, Mexico
76280
Phone  ...  Subscription required
Fax01(419) 294 0101
WebsiteWeb
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  • Overview
  • Owners
  • Geology
  • Mining
  • Processing
  • Production
  • Reserves
  • Costs & Financials
  • Fleet
  • Personnel
  • Filings & News

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Overview

StageProduction
Mine TypeUnderground
Commodities
  • Gold
  • Silver
Mining Method
  • Cut & Fill
  • Room-and-pillar
  • Cemented backfill
  • Dry waste backfill
Processing
  • Filter press plant
  • Dewatering
  • Smelting
  • Dry Screening
  • Agitated tank (VAT) leaching
  • Counter current decantation (CCD)
  • Leaching plant / circuit
  • Merrill–Crowe
  • Cyanide (reagent)
Mine Life10 years (as of Jan 1, 2019)
The San Martin Mine consists of mining concessions covering 13,077 hectares and includes seven underground mining units and four units under exploration.
Latest NewsStarcore Announces 4th Quarter Production Results     May 9, 2022


Owners

Source: p. 3
CompanyInterestOwnership
Starcore International Mines Ltd. 100 % Indirect
Compañia Minera Peña de Bernal, S.A. de C.V. (operator) 100 % Direct
Starcore is engaged in exploring, extracting and processing gold and silver through its wholly-owned subsidiary, Compañia Minera Peña de Bernal, S.A. de C.V. (“Bernal”), which owns the San Martin mine in Queretaro, Mexico.

Deposit Type

  • Epithermal
  • Breccia pipe / Stockwork
  • Vein / narrow vein


Summary:

The San Martín gold-silver district hosts classic, medium-grade gold-silver, epithermal vein deposits characterized by low sulphidation mineralization and adularia-sericite alteration. The San Martin veins are typical of most other epithermal silver-gold vein deposits in Mexico in that they are primarily hosted in the Upper Cretaceous black limestone and calcareous shales of the Soyatal-Mexcala Formation. Tertiary Lower Volcanic series of rhyolite flows, pyroclastics and epiclastics, overlain the sediments.

Mineralisation is generally made up of breccia that commonly is concordant with a limestone/shale contact (in the San Martin and San José areas) which forms the relatively steeply dipping “Tronco” and “Mantos” oreshoots, these veins contact the younger volcanic flows (dacite and ignimbrite) where they have formed the more horizontal portions of the deposit. The mineralized economic breccia grades from 30 g Ag/t to 250 g Ag/t. Exploration has been concentrated along the NE trending breccia zone however evidence of a northerly trend in area 30 and 31 leads to suspect possible other structures together with 2.0 g Au/t to 30 g Au/t over widths that vary from 1.5 to 17.0 m but averaging 4.0 m.

Mineralization at San Martín occurs in association with an epithermal low sulphidation, quartz-carbonate, fracture- filling vein hosted by a structure trending approximately N40°- 60°E, dipping to the 50° to 90° to the southeast.

The San Martin structure has been known in different stages of exploration and has adopted several names, San José, San José II, San Martín, Cuerpo 28, Cuerpo 29, Cuerpo 30 and Cuerpo 31. The structure itself is offset by a series of faults of northeast trending that divides the oreshoots. The structure behaves vertical at the San José and San Martin areas (Tronco) and becomes flatter from Cuerpo 28 to 31 (Mantos), and mineralization follows the planes of the folded rocks.

The San Martin vein itself has been known underground traced for 2 km along trend, with widths between 1.5 to 10 metres and averages approximately 4.0 m. A secondary mineralized vein is located, both in the footwall and hangingwall, of the San Martin vein, on the wetern limb of the local fold that contains the mineralization. This structure is the Santa Elena and represents a good target for exploration to the NE and SE of San Martin.

The San Martin deposit is composed by a tabular, vein-like subvertical mineralised structure that becomes to a sub-horizontal mineralised structure or “manto-like” close to surface. This mineralised structure is recognized for over 2 km along strike, with thicknesses between 1.5 and 17 metres and 400 m of vertical extent or “favourable zone”. In general, the mineralisation is hosted in the contact of limestone-shale of Soyatal-Mexcala Formation and associated to a silicified rhyolitic dike.


Mining Methods

  • Cut & Fill
  • Room-and-pillar
  • Cemented backfill
  • Dry waste backfill


Summary:

Mine production operations are in two distinct underground zones and one under one small open pit operation. Current mining is from zones, which are contiguous to, or nearby, earlier mined out areas.

The two underground zones are known as San José II and San Martín, while the open pit is the near surface remnants is now a closed operation. Production operations have been underway at the San Martin mine since May 1994. On top of the big breccia-vein the structure becomes a manto-like. Here the Cuerpo 28 and Cuerpo 29 orebodies have been exploited partially since 1998. A set of faults crosscut the structure and thrown down the continuous oreshoot and split it into several segments where Cuerpo 30 and Cuerpo 31 have been found. In 2001 the exploration of high-grade gold bodies called "Mantos" began. The first of these oreshoots was the Body 28.

The orebody geometry and geotechnical attributes of the ore and host rocks, in both underground zones, resulted in the selection of mechanized, trackless, room and pillar stoping, with post waste rock backfill and a poor mix of waste and cement, as the most suitable mining method for ore extraction. Ore recovered from these operations is hauled to surface by truck to the mill infrastructure, where it is crushed and milled.

The San Martin underground mine is accessed through a tunnel located at the 2,050-meter level.

Since 2007, SIM (Starcore International Mines) has been in control of the day- to-day mining operations at the San Martin Mine Project. SIM assumed control of the mining operations from a local mining contractor in order to allow for more flexibility in operations and to continue optimizing the costs. The San Jose mine operates on two 10- hour shifts (contractors) 20 by 8. The San Martin works 3 shifts 8 hours each, six days a week. The supervisors are in shifts of 20 by 8 for body 28 and 10 by 4 for San Martin.


Crushing and Grinding
Flow Sheet: Source
Crusher / Mill TypeModelSizePowerQuantity
Jaw crusher 1
Cone crusher 4.25' 1
Cone crusher 5.5' 1
Ball mill 9' x 9' 1
Ball mill 7' x 5' 1
Vertical mill / Tower 1

Summary:

In the crushing area, the ore is reduced to ¼ in., to be fed to the primary ball mills and later to the secondary vertical mill to obtain a 70% product at 74 microns.


Processing

  • Filter press plant
  • Dewatering
  • Smelting
  • Dry Screening
  • Agitated tank (VAT) leaching
  • Counter current decantation (CCD)
  • Leaching plant / circuit
  • Merrill–Crowe
  • Cyanide (reagent)

Flow Sheet: Subscription required

Summary:

The facilities of the plant are designed to process gold and silver ore at a rate of 850 tpd, with the capacity of 1,100 tpd, in a series circuit that includes crushing, milling, leaching, a system of countercurrent washing by decantation and Merrill Crowe for the recovery of the values. The flow diagram of the plant consists of the following processes:

- Crushing and transport
- Storage and claim
- Primary and secondary milling
- Dynamic leaching with gaseous oxygen injection
- Counter-current washing circuit by decanting
- Precipitation of values (Merrill Crowe)
- Precipitate drying
- Refinery
- Filtering of tailings
- Storage of dry tailings
- Reagent preparation systems and their distribution.

After crushing product is fed to the dynamic leaching circuit where oxygen is injected. The dissolved values are recovered by precipitating them with zinc powder in the Merrill Crowe process and melting to obtain d ........

Recoveries & Grades:

CommodityParameter2021202020192018201720162015
Gold Recovery Rate, %  ......  Subscription required  ......  Subscription required  ......  Subscription required84.581.585.485.1
Gold Head Grade, g/t  ......  Subscription required  ......  Subscription required  ......  Subscription required1.621.971.972.14
Silver Recovery Rate, %  ......  Subscription required  ......  Subscription required  ......  Subscription required55.246.553.253.1
Silver Head Grade, g/t  ......  Subscription required  ......  Subscription required  ......  Subscription required21.316.118.518.2

Production:
Silver to Gold equivalency ratio - 78.3.

CommodityUnits2021 *202020192018201720162015
Gold koz  ......  Subscription required  ......  Subscription required  ......  Subscription required12141718
Silver koz  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required
Gold Equivalent koz  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required
All production numbers are expressed as metal in doré. * Average annual production reported in 2021
Subscription required - Subscription is required.

Operational Metrics:

Metrics202120202019201820172016
Tonnes milled  ......  Subscription required  ......  Subscription required301.9 kt269.6 kt275.1 kt306.9 kt
Daily milling capacity  ......  Subscription required  ......  Subscription required1,100 t1,100 t
Daily milling rate  ......  Subscription required  ......  Subscription required650 t850 t
Daily ore mining rate  ......  Subscription required  ......  Subscription required650 t850 t
Subscription required - Subscription is required.

Reserves at September 30, 2019:
Reserve cut-off grades are based on a 1.66 g/t gold equivalent.

CategoryTonnage CommodityGradeContained Metal
Proven 277,009 t Gold 2.43 g/t 21,673 oz
Proven 277,009 t Silver 61 g/t 527,658 oz
Proven 277,009 t Gold Equivalent 28,386 oz
Probable 1,157,299 t Gold 1.95 g/t 72,372 oz
Probable 1,157,299 t Silver 18 g/t 657,772 oz
Probable 1,157,299 t Gold Equivalent 80,740 oz
Proven & Probable 1,434,308 t Gold 2.04 g/t 94,045 oz
Proven & Probable 1,434,308 t Silver 27 g/t 1,185,430 oz
Proven & Probable 1,434,308 t Gold Equivalent 109,126 oz
Indicated 134,871 t Gold 1.81 g/t 7,849 oz
Indicated 134,871 t Silver 10 g/t 43,362 oz
Indicated 134,871 t Gold Equivalent 8,382 oz
Inferred 1,578,248 t Gold 1.92 g/t 97,362 oz
Inferred 1,578,248 t Silver 20 g/t 1,027,324 oz
Inferred 1,578,248 t Gold Equivalent 110,006 oz
Total Resource 1,713,120 t Gold 1.91 g/t 105,211 oz
Total Resource 1,713,120 t Silver 19 g/t 1,070,686 oz
Total Resource 1,713,120 t Gold Equivalent 118,389 oz

Commodity Production Costs:

CommodityUnits2021202020192018201720162015
Cash costs Gold Equivalent USD  ......  Subscription required  ......  Subscription required  ......  Subscription required 1,237 / oz 969 / oz 847 / oz 903 / oz
All-in sustaining costs (AISC) Gold Equivalent USD  ......  Subscription required  ......  Subscription required  ......  Subscription required 1,782 / oz 1,112 / oz 1,091 / oz 1,087 / oz
Subscription required - Subscription is required.

Operating Costs:

Units20212020201920182017201620152014
Total operating costs ($/t milled) USD 5566586153495758

Financials:

Units2021202020192018201720162015
Capital expenditures M CAD  ......  Subscription required  ......  Subscription required
Revenue M CAD  ......  Subscription required  ......  Subscription required  ......  Subscription required27.8   27.2   27.5   28.4  
Operating Income M CAD  ......  Subscription required  ......  Subscription required  ......  Subscription required-4.9   0.8   2.7   0.6  
Pre-tax Income M CAD  ......  Subscription required  ......  Subscription required  ......  Subscription required-17.9   4.4   -2.2   -1.7  
After-tax Income M CAD  ......  Subscription required  ......  Subscription required  ......  Subscription required-12   7.2   0.7   0.2  
EBITDA M CAD  ......  Subscription required  ......  Subscription required  ......  Subscription required-5.2   3.5   5  
Operating Cash Flow M CAD  ......  Subscription required  ......  Subscription required  ......  Subscription required
Subscription required - Subscription is required


Heavy Mobile Equipment as of September 30, 2019:
HME TypeModelSizeQuantity
Backhoe ....................... Subscription required 1.03 cu. yd ....................... Subscription required
Jumbo ....................... Subscription required 168 inch ....................... Subscription required
Jumbo ....................... Subscription required ....................... Subscription required
Loader 1716 inch ....................... Subscription required
Scoop Tram ....................... Subscription required 3 cu. yd ....................... Subscription required
Scoop Tram ....................... Subscription required 2.5 cu. yd ....................... Subscription required
Scoop Tram ....................... Subscription required 4 cu. yd ....................... Subscription required
Scoop Tram ....................... Subscription required 1.5 cu. yd ....................... Subscription required
Truck (dump) ....................... Subscription required
Truck (underground) ....................... Subscription required 16 t ....................... Subscription required
Subscription required - Subscription is required.

Mine Management:

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Aug 6, 2021
....................... Subscription required ....................... Subscription required Subscription required Aug 6, 2021
....................... Subscription required ....................... Subscription required Subscription required Aug 6, 2021
....................... Subscription required ....................... Subscription required Subscription required Aug 6, 2021
....................... Subscription required ....................... Subscription required Subscription required Aug 6, 2021
Subscription required - Subscription is required.

Staff:

Total WorkforceYear
Subscription required 2021
Subscription required 2020
Subscription required 2019
Subscription required 2018
Subscription required 2017
Subscription required 2016
Subscription required 2015
Subscription required 2014

Corporate Filings & Presentations:

DocumentYear
................................... 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
................................... Subscription required 2019
................................... Subscription required 2019
Annual Report 2018
Year-end Mineral Reserves 2018
Management Discussion & Analysis 2017
Annual Report 2016
Annual Report 2015
Technical Report 2014
Subscription required - Subscription is required.

News:

NewsDate
Starcore Announces 4th Quarter Production Results May 9, 2022
Starcore Stakes New Claims at the San Martin Property, Mexico January 13, 2020
Starcore Reports Mineral Reserves and Resources of 227,515 Ounces of Gold Equivalent and Continues with Underground Exploration December 2, 2019

Aerial view:

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