Overview
| Stage | Permitting |
| Mine Type | Open Pit |
| Commodities |
|
| Mining Method |
|
| Mine Life | 9.5 years (as of Jan 1, 2020) |
The Fenix project, which is currently under consideration but has not been approved for development, involves a two-stage development process. Phase 1 involves the reprocessing of material from the bath leach pad at the existing El Gallo Mine, referred to as HLM. Phase 2 involves the processing of open pit silver mineralization from the nearby El Gallo Silver deposit using the existing plant.
A decision to pursue the project remains under review.
In addition to the El Gallo mine infrastructure described above, which would support the Fenix Project if a positive production decision is made, McEwen purchased a secondhand gold processing plant and associated equipment in September 2022, which includes substantially all of the major components contemplated in Phase 1 of Fenix Project feasibility study. |
Source:
p. 4,45
McEwen Mining Inc.own 100% of the Fenix Project in Sinaloa, Mexico.
Contractors
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Deposit Type
- Breccia pipe / Stockwork
- Epithermal
Summary:
Deposits
The mineral resource areas within Project Fenix are classified as low to intermediate-sulphidation epithermal precious metals deposits. Deposits of this type are common throughout the world and are very common throughout the Sierra Madre province of Mexico. The Project Fenix deposits can be silver dominant (El Gallo Silver) or gold dominant (El Gallo Gold). Although the mineral resource areas have differing mineralogy and morphology, all deposits in the Project have quartz stockwork and quartz breccia as the main mineralization hosts.
El Gallo Silver
A low to medium sulphidation silver-dominant epithermal precious metal deposit. Silver mineralization is associated with minor gold as well as anomalous lead and zinc. Certain features of the El Gallo Silver deposit distinguish it from many other typical Mexican epithermal deposits. For example, mineralization is not hosted in through-going fault veins instead it is hosted in breccias and quartz stockwork zones associated with hypabyssal intrusions and pre-existing breccia zones. Often, the mineralized zones are shallowly-dipping, controlled by sill-like intrusive contacts and other lithologic contacts or subhorizontal structures.
El Gallo Gold El Gallo Gold consists of low- to intermediate-sulphidation epithermal gold and silver mineralization. The majority of the El Gallo Gold deposits are gold dominant and locally contain strongly anomalous base metals. Mineralized zon ........
Summary:
Mining Sequence Description
The Project Fenix Phase 1 production starts off with the mining (unloading) of the 3/8” crushed Heap Leach Material from the El Gallo Gold Project by dozing, loading and hauling the material using a bulldozer, two wheel loaders and an articulated dump truck to feed a hopper at the base of the leach pad that will subsequently feed a conveyor that will transport the ore to the processing plant, located immediately adjacent to the heap leach pad.
The mining of the HLM will occur during years one to six and El Gallo Silver (EGS) for Phase 2 begins in year seven and will continue to year ten.
The Project Fenix Phase 2 starts with El Gallo Silver open pit production which is expected to come on stream at the beginning of year seven. Phase 2 plant construction will commence 36 weeks before Phase 1 production (HLM) is depleted in that year. From year seven EGS will supply 100% of the Run of Mine (ROM) required for the mill. El Gallo Silver open pit mine will operate continuously for four years in succession, with the tenth year if the project being its final year of operation.
The mill feed from El Gallo Silver Phase 2 will be trucked over public and purpose-built roads to Project Fenix processing facilities. The estimated total distance that the mineralized material needs to be hauled is 9.3 km for El Gallo Silver.
The unloading of the HLM and the mining of the El Gallo Silver pits will be conducted usi ........
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Flow Sheet:
Summary:
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Projected Production:
| Commodity | Units | Avg. Annual | LOM |
|
Gold Equivalent
|
oz
| | 347,137 |
|
Silver
|
oz
| ...... | |
|
Gold
|
oz
| ...... | |
All production numbers are expressed as metal in doré.
Operational Metrics:
| Metrics | |
|
Waste tonnes, LOM
| ...... |
|
Ore tonnes mined, LOM
| ...... |
|
Tonnes processed, LOM
| ...... |
* According to 2020 study.
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Reserves at December 31, 2022:
The El Gallo mine HLM has no COG as the entire heap is processed with zero selectivity. El Gallo Silver’s COG is 58 g/t Ag.
| Category | Tonnage | Commodity | Grade | Contained Metal |
|
Measured
|
9,800 kt
|
Silver
|
17 g/t
|
5.2 M oz
|
|
Measured
|
9,800 kt
|
Gold
|
0.46 g/t
|
145 koz
|
|
Indicated
|
4,700 kt
|
Silver
|
95 g/t
|
14.3 M oz
|
|
Indicated
|
4,700 kt
|
Gold
|
0.23 g/t
|
34 koz
|
|
Measured & Indicated
|
14,500 kt
|
Silver
|
42 g/t
|
19.5 M oz
|
|
Measured & Indicated
|
14,500 kt
|
Gold
|
0.39 g/t
|
182 koz
|
|
Inferred
|
200 kt
|
Silver
|
40 g/t
|
0.3 M oz
|
|
Inferred
|
200 kt
|
Gold
|
0.31 g/t
|
2 koz
|
Pipelines and Water Supply
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Corporate Filings & Presentations:
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