Geology
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| Below is a link to a geology report prepared by our chief geologist and part owner Henry Kater. Please wait while it downloads. |
© Copyright Invermin Mining Company 2009 All Rights Reserved.
ANTIMONY & SILVER MINES
Q) What is the monthly production estimate?
A) That depends on the tools used. To keep it simple there are 3 basic ways this mine can
operate:
1. Hand labor and pneumatic drills with 30-40 laborers a single 8 hour shift will produce about
20-25 metric tons per month of 40% antimony. Working 2 shifts double the numbers.
2. Same as step 1 but with a D7 tractor about 50 metric tons per month of 40% antimony.
3. Same as step 2 but add a front end loader and a 40 ton per day furnace and you will end up
with about 175 tons of 98% refined antimony per month.
Q) What is the price of antimony?
A) The price is always changing and depends on the grade of antimony but at today's market
price about $5,800.00 for 98% refined antimony.
Q) Is Honduras a safe and stable country to operate a business in?
A) Yes. There is government corruption but usually it is during the permitting process. We have
operated off and on this mine since 1965 without incident. But as anywhere precautions
always should be taken. There are many other international companies that operate in
Honduras such as Breakwater Resources a large zinc mine.
Q) Does this mine produce anything other than antimony?
A) No just antimony. We do however have the ability to start up a nearby silver mine.
Q) Is the mine operating right now?
A) No. The mine is idle but we have our permits in order and can start mining tomorrow with
the proper capital.
Q) Where is the El Caliche mine located?
A) About 50 Kilometers South of the Mochito mine owned by Breakwater Resources in the
Western part of Honduras, State of Santa Barbara.
A) That depends on the tools used. To keep it simple there are 3 basic ways this mine can
operate:
1. Hand labor and pneumatic drills with 30-40 laborers a single 8 hour shift will produce about
20-25 metric tons per month of 40% antimony. Working 2 shifts double the numbers.
2. Same as step 1 but with a D7 tractor about 50 metric tons per month of 40% antimony.
3. Same as step 2 but add a front end loader and a 40 ton per day furnace and you will end up
with about 175 tons of 98% refined antimony per month.
Q) What is the price of antimony?
A) The price is always changing and depends on the grade of antimony but at today's market
price about $5,800.00 for 98% refined antimony.
Q) Is Honduras a safe and stable country to operate a business in?
A) Yes. There is government corruption but usually it is during the permitting process. We have
operated off and on this mine since 1965 without incident. But as anywhere precautions
always should be taken. There are many other international companies that operate in
Honduras such as Breakwater Resources a large zinc mine.
Q) Does this mine produce anything other than antimony?
A) No just antimony. We do however have the ability to start up a nearby silver mine.
Q) Is the mine operating right now?
A) No. The mine is idle but we have our permits in order and can start mining tomorrow with
the proper capital.
Q) Where is the El Caliche mine located?
A) About 50 Kilometers South of the Mochito mine owned by Breakwater Resources in the
Western part of Honduras, State of Santa Barbara.