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Mission Statement
South American Silver Corp. provides an investment vehicle which
maximizes exposure to wealth creation through mineral exploration
discovery and project development at Malku Khota.
Strategy
Proceed
with accelerated exploration program to include metallurgy,
drilling and engineering, leading to project development at Malku
Khota.
Malku Khota
A substantial leachable silver-indium NI 43-101
compliant resource has been established and economics
demonstrated through the publication of a preliminary economic
assessment completed by Pincock, Allen and Holt (March 09).
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Malku Khota NI 43-101
Preliminary Economic Assessment |
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| Indicated
Resource Silver |
145
million oz |
| Inferred
Resources Silver |
178
million 0z |
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Indicated Resource Indium |
845,000 kg |
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Inferred Resources Silver |
968,000 kg |
| Silver
Recovery |
80% |
| Indium
Recovery |
70% |
| Pre-Tax
Net Cash Flow |
US$
1,233 million |
| Initial
CAPEX |
US$
104.7 million |
| Cash
Cost (net of credits) |
US$
3.75 /oz silver |
| Pre-Tax
IRR |
50.7
% |
| First
Ten Years Silver Grade |
38.6
g/t |
| First
Ten Years Indium Grade |
8.1
g/t |
| Years
To Payback From Start Of Production |
1.4
years |
| Average
Annual Production-Silver |
4.25
million oz |
| Average
Annual Production-Indium |
27,999
kg |
| Mine
Rate |
20,000
tpd |
| Mine
Life |
36
Years |
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Community
Relations
Company: Always involve
local community leaders from project inception
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Develop means of ongoing
communication so that community issues are addressed as they develop
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Employs services of community relation manager who speaks the local
languages of Aymara and Quechua
●
Company pro-actively
assists communities in appropriate ways in relation to the level of
activity in the area
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Malku Khota Silver, Indium & Gold Project
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Important Information Regarding Forward-looking Statements
Certain
statements contained herein constitute “forward-looking statements”.
Forward-looking statements look into the future and provide an opinion as to
the effect of certain events and trends on the business. Forward-looking
statements may include words such as “plans,” “intends,” “anticipates,”
“should,” “estimates,” “expects,” “believes,” “indicates,” “targeting,”
“suggests,” ”potential,” and similar expressions. These forward-looking
statements are based on current expectations and entail various risks and
uncertainties. Actual results may materially differ from expectations, if
known and unknown risks or uncertainties affect our business, or if our
estimates or assumptions prove inaccurate. The Company assumes no
obligation to update or revise any forward-looking statement, whether as a
result of new information, future events or any other reason.
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Latest News |
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May 29, 2009
South American Silver Corp. Announces the Addition of a New Board Member
and Appointment of Vice President, Metallurgy |
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May 13, 2009
South American Silver Corp. Files First Quarter 2009 Financial
Statements |
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March 26, 2009
South American Silver Corp. Files Fiscal 2008 Annual Financial
Statements |
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March 20, 2009
South American Silver Corp. Files Positive Preliminary Economic
Assessment Study on Malku Khota Silver-Indium Project |
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March 12, 2009
South American Silver Corp. Announces the Addition of a New Board Member |
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February 25, 2009
South American Silve Corp. Issues Positive Preliminary Economic
Assessment Study on Malku Khota Silver-Indium Project |
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November 14, 2008
South American Silver Corp Files a
Technical Report Detailing an Indicated Resource of 144,597,000 oz
Silver and 845,000 kg of Indium and Inferred Resource of 177,783,000 oz
Silver and 968,000 kg of Indium at Malku Khota |
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Silver Prices |
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Gold Prices |
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