Genco Resources Ltd. | Company Profile

About The Company

Genco Resources Ltd. (TSX: GGC) is a publicly-traded mining company focused on developing its core asset, the producing La Guitarra silver-gold mine, which is located in the Temascaltepec Mining District of Mexico. La Guitarra Mine currently consists of two underground operation centres---La Guitarra and San Rafael---and a flotation mill with a proven capacity of 320 tonnes per day. Genco believes significant potential exists to expand production in the 39,714 hectares of mining concessions it currently owns or leases in the Temascaltepec Mining District.

Temascaltepec

Mining in the Temascaltepec District dates to pre-Columbian times, and the history of European mining dates to 1555 when Spanish miners began exploiting mineralized vein outcrops at surface. Early miners were limited by the technology of the day and were only able to exploit small sections of very high-grade veins at or near surface.

Historical records show that from 1779-1783 up to 10% of the total mine output of Mexico came from the silver mines of Temascaltepec. The principal mines of the period in the Mina de Agua area included Quebradillas, El Zipotle, Santa Ana and Magdalena/Santa Geurtudis. Mining throughout the District continued until 1810 when all mining in Mexico ceased during the Mexican War of Independence.

After 1820, the political & financial climate permitted small scale mining to return to Temascaltepec, but the District never regained its past glory. The only notable post independence mining in the District prior to the construction of La Guitarra Mine in 1992 was the El Rincon Mine (in the San Simon area), which was operated by American Rincon Mining Company from 1910 until the late 1930s.

For more detailed information about the projects and the company in general, please visit the website of Genco Resources!

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