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Los Santos Mine
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LOS SANTOS MINE
Latest News
Plans to Reopen Los Santos Mine Utilizing our Flotation Technology Developed for our Sangdong Tungsten Mine
(“Almonty” or the “Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI.F) is pleased to announce that plans are now well advanced to reopen the former producing mine in Spain, Los Santos.
Powering the Future: Tungsten (W) and Robotics / Artificial Intelligence
The field of robotics and artificial intelligence is rapidly expanding in 2023, with tungsten emerging as a crucial element for their success.
Powering the Future: Tungsten (W) and Electric Vehicles
Electric vehicles (EVs) are becoming increasingly popular as the world moves towards cleaner and more sustainable forms of transportation.
Project History
The Los Santos Mine was acquired by Almonty in September 2011. Located approximately 50 km from Salamanca in western Spain, the Los Santos Mine is an open pit Scheelite skarn deposit that is currently producing tungsten concentrate. Almonty has been focused on utilizing its expertise in order to optimize operations, reduce costs and improve the tungsten recovery rate. To date Almonty has achieved an approximate 50% recovery rate of WO3 from its tailings retreatment as a result of continuing tests and trials, a substantial improvement from the 35-40% recovery rate attained in the initial stage of tailings retreatment.
The Company continues to improve and increase its knowledge in the area of tailings reprocessing which further demonstrates Almonty’s commitment to invest in tungsten technologies which is paramount to remaining competitive.
Summary 43-101 Technical Report
| Image | Title | Content | Link |
|---|---|---|---|
 | Project Technical Reports – Los Santos Reserves/Resources NI 43-101 | October 31, 2015 | 7.51MB | DOWNLOAD |
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Underground Mine Potential
Potential high grade underground resource from the bottom of the main Los Santos pit.
15 m crown pillar to remain between open pit and underground development. Underground potential from 985 to 880 m delineated at 0.4% cut-off grade.
Based on the current underground resource a 15,000 tpm operation has been evaluated by management.
Additional 4 year mine life. Exploration drilling results demonstrate that substantial potential exists below delineated resources. Underground development has the potential to materially extend mine life.
Digging Deeper
Reserves
Resources (inclusive of reserves)
Inferred Mineral Resources
Cut-Off
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