TriMetals Mining
| South American Silver Corporation | |
| Public | |
| Traded as | |
| Industry | Mining |
| Headquarters | Vancouver, Canada |
|
Key people
|
Ralph Fitch, President & CEO Matias Herrero, Chief Financial Officer Randy Moore, VP of Exploration North America Felipe Malbran, VP of Exploration South America David Dreisinger, VP of Metallurgy |
| Products | Gold Silver Copper |
| Website | www |
TriMetals Mining Inc. (formerly South American Silver Corporation) is a mining company that focuses on the exploration and development[1] of properties in North America and South America. It currently owns two development-stage properties, Gold Springs and Escalones, and is pursuing international arbitration against Bolivia for the nationalization of the Malku Khota project. Gold Springs is located in the Nevada and Utah border, Malku Khota located in Bolivia[2][3][4][5] and Escalones located in Chile.[6] Malku Khota is considered one of the largest known undeveloped silver and indium[7] resources in the world.[3][8][9]
Properties
Malku Khota
The Malku Khota mineralization is in a tabular sandstone unit with silver, indium,[10] gallium and base metal mineralization beginning at the surface and spanning 15 km.[11] The property holds one of the world’s largest known undeveloped silver, indium[8][9] and gallium resources as reported in the company’s May, 2011 43-101 technical report.,[12] with an Indicated Resource of 230.3 million ounces of silver, 1,481 tonnes of indium and 1,082 tonnes of gallium. It also possesses an Inferred Resource of 140 million ounces of silver, 95 tonnes of indium and 1,001 tonnes of gallium.[12]
On July 12, 2012, the Bolivian president, Evo Morales, announced the intention to revoke South American Silver's permit for the Malku Khota concession by decree.[13]
Escalones
Escalones is a copper, silver, gold, and molybdenum porphyry and skarn prospect. The property is located 35 km east from El Teniente, the world’s largest underground copper mine, and 100 kilometers south-east of Santiago, Chile. According to a detailed Feb 2012 NI 43—101 technical report provided within South American Silver Corp.’s 2011 corporate report, Escalones possesses a newly defined Inferred Resource of 420 million tonnes of mineralized material contains 3.8 billion pounds of copper, 56.9 million pounds of molybdenum, 610,000 ounces of gold and 16.8 million ounces of silver.[14]
Company information
TriMetals Mining Inc.’s head office is located in Vancouver, BC, Canada. The President and CEO is Ralph Fitch. The company also has three other offices located in Denver, Bolivia, and Chile. TriMetals Mining Inc. is listed on the Toronto Stock Exchange and the US OTCQX market .[6]
Among the company's shareholders are Zamin Precious Minerals Limited[15] and Izurium Capital.[16]
References
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- ↑ Malku Khota
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- ↑ South American Silver Corp. Announces Closing of $31.9 Million Financing
- ↑ South American Silver Announces Annual General Meeting Results
