What's Happening?
Silver Storm Mining Ltd. has commenced rehabilitation activities at its La Parrilla Silver Mine Complex in Durango State, Mexico. The company has engaged Dynamic Engineering Services Ltd. to oversee the
rehabilitation of the processing plant, which includes expanding the sulphide circuit to 1,250 tonnes per day. This expansion represents a 25% increase in capacity. The rehabilitation process, which includes drift cleaning, ventilation upgrades, and recommissioning of underground services, is expected to take seven to nine months. The company aims to potentially restart operations by the second quarter of 2026, subject to further technical evaluations. SRK Consulting (Canada) Inc. has been engaged to review the restart plan, focusing on geomechanical, ventilation, water management, and mineral processing considerations.
Why It's Important?
The rehabilitation of the La Parrilla Silver Mine is significant for Silver Storm Mining Ltd. as it marks a strategic move to bring the historic mine back into production. This initiative could enhance the company's production capacity and financial performance, benefiting shareholders and the local community in Durango. The expansion of the sulphide circuit aligns with the mine's mineralization profile, potentially increasing the efficiency and output of silver production. The project also reflects broader trends in the mining industry, where companies are investing in infrastructure to optimize resource extraction and meet market demands. Successful rehabilitation and restart could position Silver Storm as a key player in the silver mining sector, potentially influencing market dynamics and investor interest.
What's Next?
The next steps involve completing the rehabilitation activities within the projected timeline and ensuring the delivery and installation of new equipment, such as flotation cells and a cyclone, by December 2025. Silver Storm will continue to work with SRK Consulting to refine the restart plan, addressing any technical and economic challenges. The company will also need to secure necessary regulatory approvals and ensure that all operations comply with environmental and safety standards. Stakeholders, including investors and local communities, will be closely monitoring the progress, as the successful restart of La Parrilla could have significant economic and social impacts.
