The Company’s primary asset is the San Luis de Cordero Project, located in Durango, Mexico, in one of the world's most prolific silver-producing regions.
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