Amarium starts San Pedro copper mine exploration in Mexico

23 February 2014 (Last Updated February 23rd, 2014 18:30)

A subsidiary of Amarium Technologies Amarium Minerals has started an exploration programme at its San Pedro copper mine in Michoacán, Mexico.

A subsidiary of Amarium Technologies Amarium Minerals has started an exploration programme at its San Pedro copper mine in Michoacán, Mexico.

The San Pedro mine is currently undergoing an expansion project of the existing flotation mill, and is running at 20t per day.

The company plans to increase the mine's capacity to 200t per day, as part of the exploration programme.

Throughout the southern portion of the property, the exploration programme will involve extensive rock sampling and trenching.

"The data from assays will empirically confirm our current best estimates."

The programme will be completed over the next 90 days and is expected to cost around $500,000, according to the company.

Amarium president and CEO Adam Carter said the company has initiated further exploration activities at San Pedro to confirm the extent and highest grade locations of the onsite copper resource, to feed the expanded production facility at full capacity.

"We've established the property has a significant mineral resource, with high-grade copper already being processed on a daily basis," Carter said.

"The data from assays will empirically confirm our current best estimates and enable Amarium to carry out activities at the mine with greater capacity and efficiency."

Amarium is engaged in the acquisition and development of base metals projects in Mexico, which are currently in or near production.

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