The Pachapaqui Mine is a silver-lead-zinc-copper mine located in Peru with substantial underground workings and infrastructure. It has proven and probable reserves of 8 million ounces of silver along with lead, zinc, and copper. The mine was previously operational from 1981-1994 and 1997-2004. It has potential to be restarted with minimal capital required to produce around 3 million ounces of silver annually at 1,000 tons per day. Key mining zones on the property contain over 32 million ounces of silver in proven and probable reserves and over 43 million ounces total including inferred resources.