Silver Storm Mining Casts First Gold and Silver Bars at La Parrilla Mine
2026-06-22 10:22
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en.Wedoany.com Reported - Silver Storm Mining Ltd. has completed the first casting of gold and silver bars at its La Parrilla silver mine complex in Durango, Mexico, marking the official restart of the 2,000-tonne-per-day mine, which had been idle since 2019, positioning the company as an emerging mid-tier silver producer.

The casting was conducted during the commissioning of the La Parrilla oxide processing circuit, using material from the open-pit oxide stockpile. The resulting gold and silver bars confirmed the circuit's operational readiness. Greg McKenzie, President and CEO of Silver Storm Mining, stated that this milestone marks the beginning of a new chapter for the company and congratulated the team on the safe and successful delivery of the first bars.

As the oxide circuit continues production, the company's operational timeline moves to the next phase. Commissioning of the sulphide processing circuit, with a rated capacity of 1,250 tonnes per day, is scheduled to begin in June 2026, with the company estimating a ramp-up period of approximately one month following commissioning. Together, the two circuits form part of the complex's 2,000-tonne-per-day processing plant. Located approximately 65 kilometres southeast of Durango City, the complex produces gold and silver bars from oxide materials via cyanide leaching, while sulphide ores undergo differential flotation to produce silver-rich lead and zinc concentrates, with silver as the primary economic component.

The La Parrilla mine ceased operations in September 2019 when First Majestic Silver placed it under care and maintenance due to low silver, lead, and zinc prices. The mine had been in continuous operation since 2004, with capacity expanded to 2,000 tonnes per day in 2012 through the parallel construction of a 1,000-tonne-per-day flotation circuit and a 1,000-tonne-per-day cyanidation circuit. First Majestic Silver subsequently sold the asset to Golden Tag Resources, which later renamed itself Silver Storm Mining. At the time of the sale in 2023, the transaction had been approved by Mexico's Federal Economic Competition Commission (COFECE).

Silver Storm Mining has mobilised underground mine development contractors MINPRO and Mexgeo as part of preparations to accelerate operations into 2026. Founded in 2008 and headquartered in Chihuahua, MINPRO has also executed a 6,000-metre underground drilling programme at La Parrilla, targeting infill and expansion drilling at the Quebradillas, San Marcos, and Rosarios mines. Early drilling results have yielded high-grade intercepts, including 1.03 metres grading 1,781 grams per tonne silver equivalent in the Quebradillas C460 zone and 3.68 metres grading 1,335 grams per tonne silver equivalent.

The resumption of production at La Parrilla is part of a broader recovery in gold and silver mining in Durango. Mexico has historically been a leading global silver producer, ranking first for approximately 80% of the past 120 years, with Durango contributing about 11.7% of national output during peak production periods. Silver Storm Mining also gains additional resource exposure through its 100% interest in the San Diego Project, one of Mexico's largest undeveloped silver projects.

The technical information disclosed by the company has been reviewed and approved by Shane Ghouralal, Technical Director, Professional Engineer, and a Qualified Person under National Instrument 43-101. Silver Storm Mining is listed on the TSX Venture Exchange under the symbol SVRS, on the OTCQX under the symbol SVRSF, and on the Frankfurt Stock Exchange under the symbol SVR.

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