Canadian miners shut down Mexican operations due to swine flu fears

Abra is drilling to expand its Diablillos project with a focus on the high-grade Jack deposit,

Commercial production is scheduled for September, the company said.

The Guitarra underground mine was in operations between 2015-2018, producing 1-1.5 million oz. of silver equivalent annually.

Panuco has a $1.1 billion after-tax net present value at a 5% discount rate, an 86% after-tax internal rate of return and a nine-month payback period.