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  • Goldcorp's Penasquito Project with Alan Hernandez, Project Engineer

Goldcorp's Penasquito Project with Alan Hernandez, Project Engineer

  • 11 Aug 2010
  • 6:30 PM
  • El Parador Restaurant, 2744 E. Broadway, Tucson
  • 43


  • Member of SME Tucson Section
  • Not a member to SME Tucson Section or anyone who does not RSVP by the deadline.
  • Must be a current UA mining student and member of UA SME.

1 registration per individual. Please enter full first name, last name, and company - these will appear on your badge as entered.
Aug 9, 1:30PM - Online registration is now closed. Please call Stacy Henrich at 289-8020 to be added to the waiting list if space becomes available.  Thank you!

Goldcorp's Penasquito Project
with Alan Hernandez, Project Engineer

Registration Deadline is 12PM on Monday, August 9:

Include for EACH Person (badge will be printed as provided):

  1. First Name Spelled Out
  2. Last Name Spelled Out
  3. Company / Organization Spelled Out
20 SME Tucson members who reserve by deadline
$25 non-members who reserve by deadline.
$25 for
anyone who registers after deadline or walks in
Free for current UA mining students who are UA SME members
Payable at the door by cash or check payable to SME Tucson

Program Details
**July 28 Update - Alan Hernandez, Project Engineer, will be presenting**
Barry Olson, Goldcorp Vice President, Project Development, will discuss the Peñasquito mine  located in the mining state of Zacatecas, Mexico.  It possesses flat topography and excellent proximity to roads, power, rail, skilled labor and smelters.  It is a 100% owned operation composed of two open pits - Peñasco and Chile Colorado containing gold, silver, lead and zinc.  Peñasquito will be Mexico's largest open pit mine once built.

At December 31, 2009, proven and probable gold reserves totalled 17.8 million ounces.  Silver reserves totalled 1,070.1 million ounces while proven and probable lead and zinc reserves total 7.2 million pounds and 15.9 million pounds respectively.  Measured and indicated gold resources stood at 4.45 million ounces and measured and indicated silver resources stood at 391.0 million ounces.

In October 2009, the first lead and zinc concentrates were produced and concentrate shipment to smelters commenced with first sales recorded in November 2009.

All components of Line 1 are working as planned and Line 2 construction remains on schedule for mechanical completion at the end of the second quarter of 2010.

Annual production over the life of mine (estimated 22 years) is expected to ramp up to approximately 500,000 ounces of gold, 28 million ounces of silver and over 450 million pounds of zinc.

SME Tucson Section
PO Box 65931
Tucson, Arizona 85728
(520) 314-5066
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