Cinco Minas

The Cinco Minas property is comprised of twelve licenses (Exploitation Mining Concessions) totaling 10,750 ha. The property presents a unique situation where exploitation could quickly and easily be started.

Cinco Minas is an adularia-sericite-type epithermal silver/gold deposit that historically produced bonanza grade silver ore with significant gold credits. The main zone ofadularia-sercite quartz veins has been identified over a strike length of approximately five kilometers.

Low-Cost, Quick-Return Potential

There are no extraordinary infrastructure costs or hurdles as roads, power and water are all present onsite the Cinco Minas property. The remnants of the old mill site could be quickly refitted as the land package includes the historical Cinco Minas mine and mill.

The previous operators (founders of the Anaconda Mining Co.) of the Cinco Minas Mine mined 1,083,000 tonnes of ore, averaging 3.17 g/t gold (97,364 oz of gold) and 476 g/t silver (15,095,915 oz silver) from 1922 to 1928.

Bandera Gold considers this project to be one of the most advanced silver-gold exploration projects currently available for further exploration and development in Mexico.

Near Term Goals

• Geophysical work: large-scale aerial photography with GPS ground control monuments; subsurface geological exploration (process to be recommended).
• Bulk testing of known ore bodies.
• Excavation and refitting of old mill tanks for vat processing.
• Building road to connect Al Abra with Cerro Colorado, previous mining areas within the property that continue to show great potential.
• Construct extraction and piping system for access water from the mine to use at the heap leach facility.
• Construct heap leach facility.
• Source quality, used mill equipment and construct a small mill for the initial bulk sampling that can be expanded as required.