El Oro, Mexico
The San Rafael Vein
Currently the Primary Focus of Candente Gold's Exploration in the El Oro District
Historic Production of 5 million ounces of gold equivalent- Average grades: 10-12 g/t gold & 120-160 g/t silver
- Average Widths: 3 to 10 metres
- Bonanza grades: up to 50 g/t gold & 500 g/t silver
- Widths: up to 70 metres in places
Mined from 1896 to 1929 by 3 companies concurrently in 3 contiguous sections:
- Mexico Mine (North)
- Esperanza Mine (Central)
- South Mine (South)
- Labour difficulties
- Costs vs low price of gold
- Pumping technology
The Full Potential of the San Rafael Vein has Never Been Properly Investigated.
*Estimate by Luismin, Historic & non NI 43-101 compliant