The San Jose Mine is operated by Fortuna’s
100% owned subsidiary,
Compañia Minera Cuzcatlan S.A. De C.V.


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LOCATION

Taviche Mining District, Oaxaca, Mexico
Latitude: 16° 41' 40" N, Longitude: 96° 42' 00" W

Commodities

Commodities

Silver, gold

Ownership

Ownership

100%

Land Package

Land Package

64,422 hectares

Operation

Operation

3,000 tpd underground operation

Deposit Type

Deposit Type

High-grade, low sulphidation epithermal vein deposit

Mining Method

Mining Method

Overhand cut-and-fill

Highlights

2018 production: 8.0 million ounces of silver and 53,517 ounces of gold

The San Jose mine was commissioned in July 2011 and began commercial production in September 2011 at a rate of 1,000 tpd. In September of 2013, the mill was expanded from 1,150 tpd to 1,800 tpd and in April 2014, the mill was further expanded to 2,000 tpd without incurring in additional capital investments. Expansion of the mill from 2,000 tpd to 3,000 tpd was initiated in the first quarter of 2015 and successfully commissioned on time and under budget in July 2016.

Location

San Jose is located in the Taviche Mining District (Latitude 16° 41' 40" N, Longitude: 96° 42' 00" W) in the southern portion of the state of Oaxaca, approximately 47 road kilometers (one hour drive) south of the city of Oaxaca. Access to the property is excellent and local infrastructure is good.

Geology and Mineralization

The San Jose deposit is a low sulfidation epithermal vein system characterized by mineralized multiphase quartz-carbonate-sulfide veins, hydrothermal breccias and stockwork veining. The mineralized system is hosted within a sequence of Tertiary andesitic volcanic and volcaniclastic rocks.

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