Los Santos Mine

The Los Santos Mine was acquired by Almonty in September 2011.  The mine was originally opened in 2008 and commissioned in July 2010 by its former owner.  The Los Santos Mine is an open pit  Scheelite skarn deposit located approximately 50 kilometres from Salamanca in western Spain and produces tungsten concentrate.

Summary 43-101 Technical Report

NI 43-101 Reserves/Resources of Los Santos (as at October 31, 2015)

    Tonnes   Avg Grade   Contained WO3
Reserves       WO3   Tonnes   MTU
Proven & Probable   1,465,000   0.34%   4,951   495,100
Mineralized Tailings   2,062,000   0.15%   3,191   319,100
Stockpiles        55,289   0.33%      183     18,300
Total   3,582,289   0.23%   8,325   832,500
                 
Resources ( inclusive of reserves)            
Measured   75,000   0.41%   304   30,400
Indicated   2,133,000   0.28%   6,012   601,200
Total   2,208,000   0.29%   6,316   631,600
                 
Inferred Mineral resources                
Inferred   1,878,000   0.25%   4,663   466,300
                 
Cut-off                
Reserves   0.07% WO3            
Resources   0.05% WO3            
Inferred Resources   0.05% WO3            
 

Los Santos Location Map

Photo of Open Pit Mine

Underground Mine Potential

  • Potential high grade underground resource from bottom of main Los Santos pit
    • 15 m crown pillar to remain between open pit and underground development
    • Underground potential from 985 to 880 m delineated at 0.4% cut-off grade
       
  • Based on the current underground resource a 15,000 tpm operation has been evaluated by management
    • Additional 4 year mine life
    • Exploration drilling results demonstrate that substantial potential exists below delineated resources
    • Underground development has the potential to materially extend mine life

Technical Report

Report Ni 43-101 Technical Report On The Mineral Resources And Reserves Of The Los Santos Mine Project, Spain


Videos

Click here to view Los Santos Fuenterrobe Mine video

Noticias de Castilla y León - 26/12/14

 

The Corporación de Radio y Televisión Española, S.A. ('Spanish Radio and Television Corporation')

www.rtve.es
 

Photo Gallery

News and Events

noticia prensa 24_05_2016 sobre mina de los Santos...

noticia prensa 24_05_2016 sobre mina de los Santos...