Overview

The Cusi Silver Complex is a 100%-owned, permitted, past-producing underground silver mine located in the prolific Sierra Madre Occidental belt of Chihuahua, Mexico, a region renowned for hosting significant silver, lead, zinc, and gold deposits.

The Complex includes a 1,200 tonne-per-day processing facility, extensive underground infrastructure, and 95 mineral concessions covering 11,665 hectares along the highly prospective San Miguel Vein System.

Key highlights include:

  • 120 kilometres west of Chihuahua City
  • 100% ownership of 95 mineral concessions covering 11,665 hectares
  • Permitted 1,200 tpd processing plant with existing tailings capacity
  • Strong infrastructure, including paved highway access and a 33 kV connection to the national power grid
  • Extensive underground development and mine infrastructure already in place
  • Significant exploration upside along the San Miguel Vein System
  • Positioned for a low-capital restart and rapid return to production

Silverco is currently advancing Cusi toward a planned restart while continuing exploration across the San Miguel Vein System. Ongoing underground drilling continues to intersect high-grade silver mineralization, supporting both near-term mine planning and future resource growth.

On April 12, 2026, Silverco released the Cusi Restart Preliminary Economic Assessment (PEA), confirming Cusi as one of the most compelling primary silver restart opportunities globally, supported by low upfront capital requirements, rapid payback, and strong leverage to rising silver prices. Read more about the study here.

The Company is targeting a restart of operations in the second half of 2026, leveraging the site's existing underground development, permitted infrastructure, and 1,200 tonne-per-day processing facility to bring the operation back into production efficiently.

Cusi Mine Location Map