An exceptional goldmine approaches the end of its mine life in Mexico.
Located in Chihuahua State, Mexico, El Sauzal has been a reliable, low cost gold producer and an important foundation for Goldcorp's Mexican operations. Exploration efforts are focused on identifying new gold reserves to extend the mine life.
A conventional open-pit mine and mill operation, El Sauzal has proven and probable reserves of 260,000 oz of gold as of December 31, 2011 and had gold production of 81,800 oz in 2011, with forecast production of between 70,000 - 80,000 0 oz in 2013, from a workforce of approximately 500 people. Over its life El Sauzal has produced over 1.5 million ounces of gold at very low cash costs.
Trini Pit is expected to provide more than 218,000 oz of gold in two phases. The environmental permit for the first stage of stripping of the Trini pit was received during the third quarter of 2011. Exploration for potential reserves continues in the surrounding areas.