The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Don DeMarco - National Bank Financial, Inc., Research Division - Analyst
: There's a number of ventilation raises at La Colorada from surface to 345, of course. I think there's another raise to provide ventilation to Candelaria,
maybe potentially a fully lined concrete shaft further east. Could you just list the ventilation raises that you have planned at the mine over the
medium term?
Question: Don DeMarco - National Bank Financial, Inc., Research Division - Analyst
: Okay, Steve. Yes, I guess that's what I'm getting at. I'm just trying to understand the risk. It's encouraging to hear that San Jeronimo will be an
insurance policy of sorts, but trying to understand the risk of a potential repeat of what we've seen over the last couple of years with reduced grade
and throughput and so on. Can you comment on that? Do you think that it's very unlikely that you would see this happen again in the future?
Question: Don DeMarco - National Bank Financial, Inc., Research Division - Analyst
: Okay. And so with the ventilation restored, what is the reason again that you can't get back up, say, 2000, 2,100 tonnes per day? I think just to
expand on what a previous caller had asked?
Question: Don DeMarco - National Bank Financial, Inc., Research Division - Analyst
: Okay. Back up to 2,000 tonnes. Okay. That's great. In time. And then just a final question. So the La Colorada skarn resource deferred to year-end,
was there a reason not to include it in the resource update last night? I mean the current resource more than a year old, there's been a lot of drilling
on this target. Curious to see how it's advancing.
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