Date: May 2023
“It is rare to find a project with the high silver exploration potential of Cosuño. It has high silver grades, it outcrops, it has size, and yet it has never been drilled. There are two targets with bulk mineable potential at Cosuño: the first is disseminated silver in the lithocap at surface, and the second underlying target is for high-grade silver-polymetallic mineralization suitable for bulk mining in sheeted veins, and for underground mining in veins.
The Cosuño project can be compared with the Cerro Rico of Potosí, the world’s largest silver deposit, where there is a giant disseminated silver deposit in the lithocap in the upper part of the mountain that is cut by and underlain by high-grade silver veins.
Lithocaps are usually barren, so to find these types of silver grades in the lithocap is very significant. I have only seen similar grades at Cerro Rico and San Cristobal.
High-quality exploration opportunities such as Cosuño can still be found in Bolivia, in contrast to neighboring countries. For this reason, BP Silver has chosen to focus on the traditional mining country of Bolivia, the land of mineral opportunity.”
— Dr. Stewart Redwood, PhD
Director and Qualified Person, BP Silver Corp.
(as defined under National Instrument 43-101)
