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A Summary of Major Mineral Resources, Mines and Projects, 2nd Edition |
2003
MACMIN SILVER LTD
BR 6993
MACMIN SILVER LTD 2003 ANNUAL REPORT
MACMIN SILVER LTD
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Major Mining Related Events |
Operating Mine Life: 2005 to 2009 As at April 2005 a four year mine life from start of mining planned for end 2005.
OPEN CUT MINING
ML
50161
TEXAS SILVER MINES PTY LTD
100.00%
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Host Rock/Cover Sequences |
TEXAS SUBPROVINCE
Silver Spur beds / EARLY PERMIAN to EARLY PERMIAN
GENERAL ORE BODY MODEL
EPITHERMAL VEINS/PIPE/STOCKWORK
DETAILED ORE BODY MODEL
EPITHERMAL PRECIOUS METAL
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LOW SULPHIDATION |
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EPITHERMAL |
ORE
EARLY PERMIAN
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The mineralisation is low sulphidation, epithermal style silver, gold, lead, zinc type and occurs as pyrargyrite and native silver with |
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associated galena and sphalerite hosted by intensely silicified and K metasomatised volcaniclastic rocks. |
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A metallurgical and analytical laboratory were established at the proposed mine site in 2003. Currently Macmin Silver Ltd are waiting |
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for silver prices to increase before proceeding with production. |
A new optimised open pit design was created in 2003 extending the mine life to 4 years.