Pulacayo Project Feasibility Study - Apogee Silver

Pulacayo 1 000 t/d Phase I Feasibility Study - NI 43-101 Technical Report
090644-3-0000-20-IFI-100
18.10 Waste Rock Management
There are 2 areas for mine waste disposal for the current activities and will continue being used
when operations increase. Both are located south of the railroad on its way to the crushing
building. The use of using some of the existing voids inside the mine has also been considered.
18.11 Security
The entire plant site will be surrounded by a 2 m high fence. Access to the plant will be restricted
to one access at the main gate, which will include a gatehouse manned 24 hours per day.
The main mine gate house and security office will be located near the administration building at
the main property entrance. This small building will house security offices, toilet and small
reception area. A Bolivian security firm will be contracted to provide on-site security services to
the Project starting during construction.
19 MARKETING AND LOGISTICS
19.1 Introduction
At the request of Apogee Silver Ltd. (“Apogee”), Mr A. Falls of Exen Consulting Services was
asked to prepare a Marketing and Logistics Study for the zinc and lead concentrates projected to
be produced from Apogee’s Pulacayo Project.
Although selected parties were contacted to assess their interest in and/or their ability to treat
these concentrates, no terms indications were sought due to the early-stage nature of the project.
Instead, NSRs were prepared based on the author’s knowledge of the zinc and lead concentrate
markets and metal price and treatment charge assumptions as set out in this report.
Also due to the early stage of the project, only a limited number of service providers were
contacted to assess potential concentrate transportation and logistics costs to be used in the
derivation of these NSRs. Although information as provided is believed to provide a reasonable
estimate of what such costs might be, further work should be undertaken to verify the figures
contained in this report once a decision is made to approach the market with these concentrates
as several different concentrate distribution options will likely be available, including, but not
limited to:
Direct offshore sale with concentrates either (a) loaded in containers (in bags or bulk)
either at the mine site or at an intermediate facility, or (b) shipped in bulk in an ocean
going vessel hold, to a buyer or buyers (Apogee manages/oversees all logistics through to
final destination).
Delivery to a warehouse/blending facility in either Chile or Peru where concentrates can
be combined with other materials and shipped either (a) in bulk in vessel holds, or (b) in
bags or bulk in containers, to smelters (Apogee manages trucking to the
warehouse/blending facility; all onward logistics from delivery in-warehouse managed by
buyer).
TWP Sudamérica S.A. Av. Encalada 1257 Of. 801, Santiago de Surco Lima 33, Perú (51-1) 4377473
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