As Global Demand Increases, Mexico's Silver Production Jumped This Year Becoming One of the Top Silver Producers - Seite 2

The article continued: "Mining has a long and rich history in Mexico. "Historic global silver production has been between 48 and 50 billion oz, of which 12 billion oz have come from Mexico," said one executive. Part of this production goes back many centuries: "Conquistadores came for gold but stayed for the silver. It was silver that supported the Spanish empire for several centuries.  Landmark silver vein discoveries go back as far as 1522. In Megaw's point of view, this makes silver the "economic heart" of Mexico. Carbonate Replacement deposits (CRDs) and epithermal vein systems offer riches under the surface, but many remain unexplored."

Silverton Metals Corp. (OTCQB: SVTNF) (TSX-V: SVTN) BREAKING NEWS:  SILVERTON METALS CORP. ANNOUNCES THE COMMENCEMENT OF EXPLORATION AT THE PLUTON SILVER – ZINC – LEAD PROJECT, DURANGO, MEXICO - Silverton Metals Corp. ("Silverton" or the "Company") is pleased to announce the commencement of exploration at the Pluton silver-zinc-lead project in the state of Durango, Mexico.

The Pluton property is within the prolific carbonate replacement, gold, silver, zinc and lead Ojuela-Mapimi Mining District in northern Durango, Mexico. The property covers 6,534 hectares and is located near Excellon Resources' Platosa mine, one of the highest-grade silver producers in Mexico. In the first six months of 2021, Platosa grade was 506 g/t silver with a silver equivalent metal production of over one million ounces. Not only does Pluton share a similar geological environment to Platosa, but it also lies along strike from the past producing La Ojuela mine, historically one of the richest silver mines in Mexico and one of the first mines developed by Peñoles in the late 1800's.  La Ojuela was in production for over 350 years. Exploration targets at Pluton are Platosa and Ojuela style silver-lead-zinc manto and chimney carbonate replacement deposits ("CRD"), which may lie beneath the shallow alluvium and strongly altered clastic rocks that overlie the productive carbonate rocks.  

Mr. John Theobald, President & CEO of Silverton comments "I am very pleased to start working on Pluton, the district is a major hydrothermal system with favourable lithologies, structure, alteration and widespread mineralisation yet despite this remains relatively unexplored. Pluton is a district scale project targeting high-grade carbonate replacement type silver-zinc-lead deposits which are typically in the range of tens of millions of tons such as the Santa Eulalia mine in Chihuahua and represent robust exploration targets. The nearby Platosa mine is Mexico's highest-grade silver mine with a silver equivalent grade of over 1,000g/t".