Silver Storm’s La Parrilla mine in Durango state. Credit: Silver Storm Mining
A resource update for Silver Storm Mining’s (TSXV: SVRS) La Parrilla project in east-central Mexico almost doubles its indicated tonnage, spurring Red Cloud Securities to start coverage on Tuesday.
Indicated resources now total 1.19 million tonnes, a 94% increase from the 2023 initial report and grade at 187 grams silver per tonne, 0.1 grams gold, 1.56% lead and 1.7% zinc, Silver Storm reported last month. Contained metal totals 7.2 million silver oz., 3,900 oz. gold, 18,600 tonnes lead and 20,300 tonnes zinc.
The estimate boosted inferred tonnage by 58% to 1.98 million tonnes grading 175 grams silver, 0.12 grams gold, 1.27% lead and 1.42% zinc, equating to 11.2 million oz. contained silver, 7,700 oz. gold, 25,300 tonnes lead and 28,200 tonnes zinc.
Silver Storm’s La Parrilla and San Diego mines are located in Durango…
