Silvermex Resources Ltd. - Home Page

Recent Updates

Fri Nov 6, 2009 : News Releases : Silvermex Elects New Directors (more...)

Tue Oct 13, 2009 : News Releases : Silvermex Signs Final Agreement for Past Silver/Gold Producer Rosario: (more...)

Wed Sep 30, 2009 : News Releases : Silvermex Resources Ltd. Closes Non-Brokered Financing of $774,180 (more...)

Thu Aug 13, 2009 : News Releases : Silvermex Resources Announces Private Placement (more...)

Advancing to Production in Mexico

"Silvermex Resources is a silver exploration and development company focused strictly in the foremost mining regions of Mexico. Silvermex is developing silver resources at multiple projects. Silvermex has global silver resources totalling 42.7 million ounces.

Silvermex is continuing to build value for shareholders. In 2009, Silvermex has concentrated on advancing its flagship focus project, San Marcial. In Quarter two 2009, the Company completed an in house preliminary economic study which supports the plan to advance San Marcial to production. The Company is confident that San Marcial can achieve commercial production in a 24 month time horizon with an annual production rate of 2.3 million ounces silver. The recently announce option to acquire 100% of the Rosario silver mine provides the necessary infrastructure to accelerate the advancement to production at San Marcial.

Our mandate is to build economic resources on bulk mineable deposits and drive toward production at a rapid pace."

Highlights

Emerging low cost silver production
Infrastructure in place
Strong resource growth profile
.8 ounces silver per share
Resources situated in near-surface, bulk mineable deposits
443% resource growth in last 24 months
Low cost resource development
High resource return on capital
Exploration upside on existing deposits
Trading at low per ounce valuation

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