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Guatemalan silver mine ‘could be largest in the world’

Tuesday, September 21, 2010

The Escobal silver project in Guatemala may one day equal the Fresnillo mine in Mexico – the world's biggest producer of the precious metal – Tahoe Resources chief executive Kevin McArthur said.

The Canadian company has drawn up a mine development timetable that would result in first production from Escobal in late 2013, he said in a presentation at the Denver Gold Forum.

“We think this deposit will be the equal to Fresnillo one day,” McArthur commented. “It's going to take some time, it's going to take some discovery and a lot of drilling.”

Original source: Creamer’s Mining Weekly