-40%
Cusi Mexicana Mining Co.Twelve (10) Stock certificates
$ 21.12
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Description
Cusi Mexicana Mining CompanyLot consists of ten stock certificates
All certificates are in excellent condition, issued and uncancelled with no folds.
Printed by the Franklin Lee Division of the American Bank Note Company
The Company's Cusi Mine is located in Chihuahua State, Mexico, approximately 135 kilometres from Chihuahua City. The Property encompasses 73 concessions covering 11,665 hectares over a range of elevation of 2,000 to 2,500 meters above sea level in the Sierra Madre Occidental Mountain Range.
Although commercial production was declared in January 2013, the Cusi Mine is still considered to be somewhat in the development stage as portions of the mines production comes from development rock within the Santa Rosa de Lima zone. Mill throughput at the Company`s Mal Paso plant increased from 450 to 650 tonnes per day in 2018 and is on-track to reach 1,200 tonnes per day in Q2 2019. In June 2018, the Company released a preliminary economic assessment examined to increase the production rate to 1200 tonnes per day in 2019 and to 2,700 tonnes per day in 2021.
The Mal Paso Plant, located 44 km from the Cusi Mine, uses a conventional crushing-milling-flotation circuit to recover the minerals and to produce commercial quality concentrates. Ore is delivered from the mine to the plant in 20 tonne trucks. Cusi processing facilities include two interconnected process plants, containing conventional ball mill and flotation plants fed from a crushing circuit. The flotation circuit has the ability to produce lead and zinc concentrates.