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The Los Filos mine consists of two open pit mines (Los Filos and El Bermejal) with common heap leach, wet plant and ancillary facilities. Los Filos is located in the Nukay mining district of central Guerrero State in southern Mexico. Commercial production for Los Filos commenced January 1, 2008 and in 2009 Los Filos became Mexico's largest producer.
Gold production for 2009 totaled 239,000 ounces. Los Filos is forecast to produce an average of 300,000 ounces of gold per year. |
OPERATING STATISTICS
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Los Filos
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2008
|
2009
|
|
Tonnes Ore mined (000's) |
22,209 |
25,094 |
|
Tonnes Ore processed (000's) |
22,180 |
25,424 |
|
Avg grade Au g/t |
0.62 |
0.62 |
|
Avg recovery Au % |
39% |
42% |
|
Total Production Au oz |
213,600 |
239,300 |
|
Total Cash Costs US$/oz |
$407 |
$469 |
MINERAL RESERVES AND RESOURCES*
Proven & Probable Reserves
|
Category |
m tonnes |
g Au/t |
m ounces |
|
Gold |
277.47 |
0.63 |
5.64 |
Mineral Resources
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Measured and Indicated |
m tonnes |
g Au/t |
m ounces |
|
Gold |
84.37 |
0.54 |
1.47 |
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Inferred |
m tonnes |
g Au/t |
m ounces |
|
Gold |
73.49 |
0.56 |
1.33 |
*All Mineral Reserves and Mineral Resources have been estimated as of December 31, 2007 in accordance with the Definition Standards on Mineral Resources and Mineral Reserves of the Canadian Institute of Mining, Metallurgy and Petroleum, as required by National Instrument 43-101.
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Los Filos 4P Assays