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| Tres Marias Project , Chihuahua , Mexico (minerals - germanium (Ge), zinc (Zn) and lead (Pb))  The Company owns a 100% interest in the Tres Marias Germanium and Zinc Mine in Mexico, where such mine first produced high-grade germanium and zinc ore in 1949. War Eagle Mining has been exploring the underground workings of the former producing Tres Marias Mine in Mexico with the goal of taking the mine back into production. The Tres Marias produced approximately 135,000 tonnes of high-grade zinc/germanium ore from 1949 until 1992 via small scale production and produced an average grade of 20% zinc, 300gm/tonne germanium and 6% lead. Production ended in 1992 after the smelter used by the former owner, Zinc National, was unable to continue processing raw ore for environmental reasons and the project was shut down. On February 3, 2009, War Eagle Mining announced a new discovery hole at the Tres Marias concession. The assay result for this hole, known as GO-31, is an intercept of 1.35 meters with a grade of 6.97% Zinc and 37 grams per tonne Germanium. The hole is located at La Blanca, which is approximately 600 meters to the south-east of the old mine shaft. This hole is on what one of what War Eagle deems to be the "outlying targets"; which are target areas identified by War Eagle that are outside the historic Tres Marias mine area but on the concession. Despite the new discovery hole, War Eagle also announced that it has suspended exploration drilling at the Tres Marias concession during the economic downturn. Jeff Lantz, President and CEO of the Company, commented "We believe that in light of the current financial markets and the significant decrease in zinc prices over the past year, it would be prudent to conserve our positive cash situation and minimize drilling expenditures until the economy recovers." With infrastructure in place, it is anticipated that drilling and exploration could resume at short notice and with minimal re-start costs. Advantage will be taken during the suspension of drilling to prepare a technical report compiling the results of drill programs conducted over the past two and a half years. Maps and Images Geological Reports Tres Marias Mine Report 2006 (PDF, 119 kb) Tres Marias Summary Report 2000 (PDF, 988 kb) Geological Reports Tres Marias Mine Report 2006 (PDF, 119 kb) Tres Marias Summary Report 2000 (PDF, 988 kb) Exploration Program Current Activity Photo Gallery
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