Our Project
North American Silver is focused on the advancement of high-grade, past-producing silver assets with a clear path to near-term production. The Company’s project portfolio is built around opportunities that combine strong historical performance, existing infrastructure, and significant upside potential.
Our approach prioritizes capital efficiency, speed to production, and scalability, allowing us to unlock value while minimizing development risk.
Flagship Project: San Luis de Cordero
The Company’s primary asset is the San Luis de Cordero Project, located in Durango, Mexico, within one of the most prolific silver-producing regions in the world.
This past-producing underground mine historically delivered high-grade silver and copper mineralization, and benefits from existing underground access, making it ideally suited for rapid reactivation.
North American Silver is advancing a phased development strategy targeting the Santa Rosa vein, with a focus on achieving near-term production through a low-capital restart plan.
Development Strategy
Our project development model is designed to accelerate timelines while maintaining disciplined capital allocation:
- Leverage Existing Infrastructure
Utilize underground workings and site access to reduce development time and cost - Phased Production Approach
Begin with smaller-scale operations and expand throughput as the project advances - Third-Party Processing
Transport ore to nearby facilities, eliminating the need for costly mill construction - Operational Efficiency
Apply modern mining techniques to improve productivity and reduce costs
This strategy supports a fast-track path to production and early cash flow generation.
Growth Potential
The San Luis de Cordero Project offers meaningful upside through:
- Expansion of known mineralized zones
- Development of additional veins and skarn targets
- Increased production capacity over time
Mineralization remains open in multiple directions, providing a strong foundation for future resource growth and long-term scalability.
Operational Advantages
North American Silver’s project portfolio benefits from several key advantages:
- High-grade mineralization
- Established mining jurisdiction (Mexico)
- Proximity to processing infrastructure
- Lower capital intensity compared to greenfield projects
- Reduced permitting complexity
These factors position the Company to advance efficiently from development to production.
Our Focus
North American Silver remains committed to:
- Advancing San Luis de Cordero toward production
- Expanding resource potential through targeted development
- Maintaining disciplined capital management
- Delivering long-term value for shareholders