COMPETITIVE ADVANTAGES TO BUSINESS IN MEXICO
- Free trade agreements with major economies
(U.S., Canada, Europe, among others)
- Political and financial stability
- North American style Legal & Accounting system
- 100% Foreign Capital Allowed
- Wide and modern communications and transportation infrastructure
- Highly qualified human resources
- Strategic geographical location
Mexico is considered one of the top places in the world for the exploration and mining of the world's many precious metals. With a country with a mining history which straddles almost 500 years, Mexico represents a major mineral exploration ground.
Much of Mexico's potential remains under-explored. Major discoveries are being continually being made using modern geological and geophysical concepts and methods. Expectations are that exploration will continue to reveal important new deposits and resources.
The country’s appeal to mining companies stem from a combination of factors including a strong mining culture, excellent geology, political stability and favourable tax and permitting structures. Under the country’s foreign-ownership laws, non-Mexican companies can maintain 100% ownership of their properties and reap the full benefits of successful exploration. In this welcoming climate, the recent strength of resource prices combined with Mexico’s abundance of mineral deposits has fostered significant new investment.
Similarly, the Mexican mining community is well-trained and experienced, both at the professional and skilled labourer levels, and fully in tune with the latest mining technologies. There is an abundance of specialized and normal mining equipment with good technical support throughout Mexico.
TREMENDOUS EXPLORATION UPSIDE POTENTIAL AT THE SAN JAVIER MINE
Not only is Mexico geopolitically safe with favourable mining laws, but this country has a very strong history of silver production. In fact, it is believed that up to one-third of all the silver mined in the history of the world has come from Mexico.
Ever since the Europeans began exploiting the precious metals in the "New World" in the 16th century, the Mexican silver-mining industry has been quite robust. Today, Mexico produces about 15% of the world’s mined silver supply. Combined with Peru, these two Latin American powerhouses have a strong hold on the global silver market. Together they are responsible for a third of the world’s mined supply.
Considering its history, it would not be difficult to come to the conclusion that Mexico could very well soon overtake Peru as the largest global silver producer. And ultimately it should be able to accomplish this without making a single new grassroots silver discovery. The key to this idea lies within the thousands of past-producing mines that litter the massive precious metals belt that drives through the center of this country.
The miners of the past already did the work for the new generation of silver miners. They made the discoveries. And the new miners can take advantage of these discoveries because most of these old mines still contain a large amount of undiscovered silver. While this concept seems a little backwards, today’s silver miners have the advantage of time. Most of Mexico's historic mining efforts focused on the low-hanging fruit via super-high-grade surface deposits or underground along the best-of-the-best bonanza-style veins, mostly located in the northern states of Mexico. Silver was so abundant early on that the miners didn’t waste their time unless the silver was jumping out of the ground at them.
Because of this, today's silver explorers are finding vast resources of silver mineralization at these past-producing mines that had been previously overlooked. With a combination of modern exploration and processing techniques along with the current high silver prices, many of these historic deposits are now very economically profitable.
This may sound a bit strange, but the key to this idea lies within the thousands of past-producing mines - such as La Mina San Javier - that litter the massive precious metals belt that drives through the center of this country awaiting to be discovered.
