Calcatreu is an exploration stage silver-gold property located in Rio Negro, Argentina.
- Location: Rio Negro, Argentina
Pan American acquired the property in 2010 through the acquisition of Aquiline Resources Inc. Silver. Gold mineralization is present as low sulphidation epithermal veins.
The property is not considered material to Pan American Silver.
The Calcatreu project is on care and maintenance and we are currently not carrying out any activities on the property. Pan American continues to fulfil all its legal obligations to maintain the project’s legal title in good standing.
Management estimates that the mineral resources at the Calcatreu project, as at December 31, 2015, are as follows:
Calcatreu Mineral Resources1,2
|Resource Category||Tonnes (Mt)||Grams of Silver per tonne||Grams of Gold per tonne|
- Mineral resources were estimated using a price of $12.50 per ounce of silver and $650 per ounce of gold.
- Mineral resource estimates for Calcatreu were prepared under the supervision of or were reviewed by, Martin Dupuis, P.Geo., and Martin G. Wafforn, P.Eng., who are Qualified Persons as that term is defined in NI 43-101.
Click here to see Pan American’s full mineral reserves and resources at December 31, 2015
Mineral reserves and resources are as defined by the Canadian Institute of Mining, Metallurgy and Petroleum.
Mineral resources that are not mineral reserves have no demonstrated economic viability.
Cautionary Note to US Investors