Why Invest in Scorpio Mining?
PERFORMANCE
- Scorpio Mining stands among the best performing silver producers with significant base metal by-product credits in Mexico.
- Strong operational cash flow to support future expansion financing requirements.
- No debt.
- Strong production forecast in 2011: Silver equivalent ounces recovered in all concentrates are estimated to exceed 3.0 million ounces.
EXPANSION
- Initiating feasibility study on new 4,000 TPD plant in north Cosalá district.
- Expanding production capacity at Nuestra Señora plant by from 1,500 TPD to 2,250 TPD by Q2 2012.
- Potential to increase overall capacity by ~300%.
GROWTH
- Scorpio's land position in the Cosalá district, Sinaloa, encompasses over 40 exploration targets including historically producing mines that are proximal to Scorpio's operating and expandable processing facility.
- Advanced, high-grade silver properties held in the Parral District, Chihuahua.
- Aggressive exploration programs are expected to add to the existing resource base.
LONGEVITY
- Nuestra Señora operation has a 20-year life with known reserves/resources in the district at current processing capacity.
- Potential to advance multiple deposits to production stage.
- Combination of high-grade, silver-zinc-copper-lead reserves with relatively low operating cost will keep the operation cost competitive moving into the future.
- Exceptional management team with extensive international and operational experience.