President and CEO of SilverCrest Metals Inc., N. Eric Fier talks about their high-grade Las Chispas project.
My background consists of being a geological engineer and a mining engineer. I have over 30 years of experience and worked in over 30 countries, building several mines from small-scale to major mines around the world. I was co-founder of the SilverCrest Mines which is the original SilverCrest and we’re here to do it again. Our main commodity focus is to explore and produce silver and gold. Our flagship is the Las Chispas project which has a very flavored history. It was discovered in 1640, it is a district, there’s over 19 veins on the property. Of the 19 we’ve partially drilled seven and we’ve made discoveries on three of those veins. Really Las Chispas is about the high-grade. So, we’re talking an average grade that we’re looking at for a resource of somewhere between 400 to 500 grams per tonne silver equivalent. This is about twice the grade that’s at Santa Lena right now right next door to us. We’ve had a lot of experience in northern Mexico, I love working there, you can permit something in a reasonable amount of time, you can permit it in the same cycle that you made a discovery and get into production and bring wealth to the shareholders and to the communities that you work in.
SilverCrest Metals Inc. is a Canadian precious metals exploration company headquartered in Vancouver, BC, that is focused on new discoveries, value-added acquisitions and targeting production in Mexico’s historic precious metal districts. SilverCrest is the first company to drill test the historic, high grade Las Chispas Silver-Gold project, which is a past precious metals producer. The Company is led by a proven management team in all aspects of the precious metal mining sector, including experience and success in applying a responsible “phased approach” business model in taking projects from discovery, finance, on time and on budget construction, and production with subsequent increased value to shareholders.
The Las Chispas property is located approximately 180 kilometres northeast of Hermosillo, Sonora, Mexico. The community of Arizpe (estimated population 2,000) is located approximately 11 kilometres to the north of the property. The property consists of 21 concessions totalling 1377.50 hectares.
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