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Overview

Location
Commodities Silver, gold, zinc, lead
Location Arequipa, Peru
(Latitude: 15 12' 15" S,
Longitude: 71 51' 40" W)
Ownership 100%
Land Package 35,500 hectares
Mining Method Overhand cut-and-fill
Deposit type Intermediate-sulfidation epithermal deposit
Status
  • Processing plant throughput of 1,300 tpd
  • Exploration drilling will focus on testing the Don Luis I and Cailloma 6 vein systems

Highlights

  • 2013 silver and gold production at 2.1 million and 2,212 ounces, respectively
  • 2013 lead and zinc production at 17.8 and 25.2 million pounds, respectively

The silver- and base metal-rich epithermal deposits of the Caylloma Mining District of southern Peru have been mined intermittently for over 500 years since the times of the Inca Empire. Located within one of the most important metallogenic provinces of the Andes, past production is estimated at more than 200 million ounces of silver.

Fortuna purchased a 100% interest in the Caylloma Mine and related mining concessions in 2005. Following significant expansion and modernization of the mill, the mine resumed production in the final quarter of 2006.

The mill is currently operating at a rate of 1,300 tpd. Production is sourced primarily from the silver-polymetallic Animas vein (95%), with the balance from the Bateas vein.

Location

Callyoma is located approximately 225 kilometers northwest of Arequipa, Peru at an elevation of 4,500 meters (Latitude: 15 12' 15" S, Longitude: 71 51' 40" W). The mine, processing plant and related infrastructure are located in the Caylloma Mining District, 14 kilometers northwest of the town of Caylloma. The mine is connected to the national power grid and water is locally available.



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