Issue link: http://resourceworld.uberflip.com/i/198816
Fortuna Silver Mines' San Jose plant, Oaxaca, Mexico. Photo courtesy of Fortuna Silver Mines Inc. begin from Trinidad in early 2015. The company forecasts that in 2013, San Jose will produce 2.4 million ounces of silver and 20,900 ounces of gold and 3.4 million ounces of silver and 28,400 ounces of gold in 2014. Callyoma Mine, Peru Fortuna purchased a 100% interest in the Caylloma Mine and related mining concessions in 2005. Following significant expansion and modernization of the mill, the mine resumed production in the final quarter of 2006 at a rate of approximately 700 tpd. Approximately 225 kilometres northwest of Arequipa, Fortuna's Callyoma Mine mines the silver and base metal epithermal deposits in the Caylloma Mining District of southern Peru. Silver and gold production for Q3 2013 was 568,722 ounces of silver and 545 ounces of gold. Q3 2013 lead and zinc production was 4,729,912 and 6,467,987 pounds, respectively. The cash cost per tonne of processed ore was US $87.06; 1% below guidance for the quarter of US$88/t. The Callyoma mill is currently operating at a rate of 1,300 tpd and production is sourced primarily from the silver-polymetallic Animas vein (95%), with the balance from the Bateas vein. Fortuna Silver is well positioned to meet their production forecast of 4.5 million ounces of silver and 23,600 ounces of gold in 2013 and 5.4 million ounces of silver and 31,600 ounces of gold in 2014 with an all-in cash cost of US$12.93/ oz Ag. The company employs approximately 2,000 people in Canada, Peru and Mexico; Fortuna Silver's extensive property holdings have significant brownfields exploration potential. n november 2013 It may seem unconventional for a junior company like Sintana Energy to attract a mega-partner like ExxonMobil – but not when you consider the unconventional NI 51-101 resource estimate of 700 million barrels of prospective recoverable oil on our VMM-37 block in Colombia. This latest partnership with ExxonMobil, who are planning to begin drilling operations later this year, is one more example of how Sintana is exploring a better way. Sintana-RW-thirdpg Ad-SE 10-16-13 www.resourceworld.com 47