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Location: 11 km W from Oyon, Peru
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Mining scale, mining and mill throughput capaciites.Full profiles of select mines and projects.
Shaft depth, mining scale, backfill type and mill throughput data.Full profiles of select mines and projects.
Equipment type, model, size and quantity.Full profiles of select mines and projects.
Camp size, mine location and contacts.Full profiles of select mines and projects.
Pursuant to the Agreement, Adar intends to bid for the Minera Shares pursuant to receivership proceedings under the Bankruptcy and Insolvency Act. The Acquisition is subject to, among other things, Adar acquiring the Minera Shares in a proposed sale and investment solicitation process to be conducted in the Realization Proceedings.
Mallay is considered an epithermal deposit of silver, lead, zinc and limited gold values. Mallay is a fracture-filling and replacement-type mesothermal deposit, with Ag-Pb-Zn mineralization. Many of the mineralized structures are located in quartz arenites from Farrat Formation, while another part is emplaced in Jumasha limestones. The main structure is Isguiz, emplaced in the north flank of the anticlinal of the same name. From here, a series of tensional veins run E-W. In Jumasha limestone, further north, is the Pierina veins system, with similar mineralization, but with the occurrence of gold.The exploitation of ore is primarily focused on the following main ore structures: Isguiz body-vein (silver, lead, zinc), Pierina vein (gold), María vein (silver) and Fortuna (skarn type lead, zinc and silver).
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