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Searchlight Innovations Inc T.SLX


Primary Symbol: V.SLX.P

Searchlight Innovations Inc. is a Canada-based capital pool company (CPC). The Company's principal business is the identification, evaluation and acquisition of assets or businesses with a view to potential acquisition or participation by completing a qualifying transaction. The Company has not commenced commercial operations. The Company neither engaged in any operations nor generated any revenues. The Company is focused on acquiring business across the mining industry.


TSXV:SLX.P - Post by User

Comment by sunwoodon Feb 13, 2012 10:13pm
222 Views
Post# 19529051

RE: RE: RE: Louis James, Casey Research: Silvermex

RE: RE: RE: Louis James, Casey Research: Silvermex

Hello dollpart!

     I think the mill that is running at full capacity is the one at La Guitarra, not at Rosario.  As far as I know, SLX does not have a mill at Rosario, although I did read somewhere about there being one close by.  What they have at Rosario is fully equipped mine-site.  Following is what I read about Rosario:

"The Rosario mining concession totals 16,279 hectares in south east Sinaloa, Mexico. This land package is located approximately 94 km southeast of Mazatlan and nearby the town of Rosario. The mining concession represents a high priority mining district and consolidates three past producing mines: Plomosas, San Juan and San Marcial. Extensive infrastructure is in place at Rosario, including a fully functional mining camp facility at the Plomosas mine. Facilities and infrastructure at Rosario include a 20 year surface rights agreement in good standing, a 30 year water use permit, tailings dam, 60 km - 33 KV power line, 120 man camp, infirmary, offices, shops and warehouses, and assay lab."

No mention of a mill ...  but I stand to be corrected.  Perhaps someone else on the Board can clarify.

Sunwood


 

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