San Antonio Mexico gold project
The San Antonio project is located in Mexico, approximately 45km southeast of La Paz and 160km north of Cabo San Lucas. The latest Technical Report was published 2012, which forms the basis for this analysis. The Project covers 15 mineral concessions and the reported mineral resources are located within the Cirio concession which is comprised of the Los Planes, Intermediate, Las Colinas, and La Colpa areas. The concessions are held in the name of Compañía Minera Pitalla SA de CV (Pitalla), which is a wholly-owned indirect subsidiary of Argonaut. The current mine plan is to use conventional open pit methods combined with heap leaching.