The Tahuehueto Project consists of 28 mining concessions grouped into five non-contiguous blocks that total approximately 7,492 hectares. Tahuehueto lies within the prolific Sierra Madre Mineral Belt, which hosts a series of historic and producing mines and most of Mexico's active exploration and development projects. The project is situated about 25 km north of the Topia polymetallic-silver mine, 65 km northwest of the La Cienega gold, silver, base metal mine, 85 km southwest of the Guanacevi silver district, 280 km southeast of the Palmarejo silver and gold mine and 150 km northwest of the San Dimas mining district, most notable for the Tayoltita silver and gold mine.
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Campo Morado is an underground multi-metal mine with infrastructure, installations and equipment capable of processing 2,500 tonnes of ore per day. To the end of 2014 there had been 3,036 exploration diamond drill holes totalling 577,155 metres identifying at least 7 mineralized zones, containing approximately 14.7 million tons of measured and indicated resources grading 3.76% zinc, 0.88% copper, 0.81% lead, 106 g/t Ag and 1.34 g/t Au plus an additional 2.15 million tons of inferred mineral resources as calculated and released by Nyrstar in early 2015. The Campo Morado Mine was commissioned and commenced operations in 2009. Nyrstar purchased Farallon Resources in a friendly takeover in 2010 for the equivalent of approximately C$420 million thereby gaining control of Campo Morado. Nyrstar produced up to the end of 2014 when mining operations were suspended in January 2015 and the mine was placed on care and maintenance due to deteriorating industry conditions. During 2014, the mine processed 657,000 tons of ore with an average grade of 1.2g/t Au, 115.7 g/t Ag, 4.6% Zn, 1.2% Cu and 0.9% Pb. The concentrates produced in the same year were 48,000 tons of Zn concentrate at 47% Zn and 29,000 tons of Cu concentrate at 13%, including 6,000 oz of Au and 0.9 million oz of Ag.
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CEO/PRESIDENT AND DIRECTOR
Ralph Shearing is responsible for the management of public company management and compliance and was Telson’s founder.
Mr. Shearing is a graduate of the University of British Columbia holding a B. Sc. Geology Degree. Since graduating in 1981, Mr. Shearing has practiced his profession as a professional geologist throughout Canada, and internationally. He has been directly involved in several world class exploration and development projects in British Columbia, Canada. During an active mineral exploration and development career, Mr. Shearing has gained hands-on experience in all aspects of mineral exploration, including, geophysics, geochemistry, geology and diamond core drilling, the latter as a senior partner of a successful contract diamond drilling company.
Mr. Shearing's experience managing and directing publicly listed companies over the last 32 years, combined with his practical experience in implementing major exploration projects, gives Telson a director with unique insight, invaluable practical experience, and a well rounded business approach to a junior resource company.
VICE PRESIDENT CORPORATE DEVELOPMENT
Mr. Margalef is a former investment banker with 10 years of experience in mergers and acquisitions, financial valuations, evaluation of investment projects, analysis of financial statements and cash flow management. He has performed business valuations and analysis of investment projects for Mexican and transnational companies in the mining industry, training/education industries, payments industry and hardware industry, among others.
During his professional career, 5 years have been dedicated specifically to the mining industry, having been a partner at Candiani Mining Investment Bank for 3 years. He has advised numerous clients in the valuation of their mines and exploration projects. Additionally, he managed the investments of Vander Capital Partners private equity fund for the acquisition and exploration of two early stage exploration projects before moving to Vander Mining, a Vander Capital Partners subsidiary, as a partner.
Enrique is primarily responsible for Telson’s corporate development including negotiating and setting all commercial agreements, such as acquisitions, royalty, credit facility and lease agreements.
He graduated in Economics from Universidad Anahuac in Mexico.
OMAR GARCIA ABREGO
CPA, CA CHIEF FINANCIAL OFFICER
Mr. Garcia Abrego was appointed Chief Financial Officer of Telson Resources in May 2016. Mr. Garcia Abrego brings to Telson over 20 years of progressive international experience working within the mining, resource and public practice sector in Mexico and Canada.
Mr. Garcia Abrego received his Bachelor of Commerce from Instituto Tecnologico y de Estudios Superiores de Monterrey (ITESM) and his Chartered Professional Accountant designations in Canada and Mexico while working at Deloitte LLP in 2006.
Mr. Garcia Abrego has held a number of senior financial management roles at successful mining companies including Graymont Limited, Farallon Mining Ltd a company taken over by Nyrstar, Cayden Resources Inc now owned by Agnico Eagle, and Auryn Resources Inc. Mr. Garcia Abrego also spent over a decade at Deloitte where he audited various mining clients in different countries. His well-rounded experience makes Mr. Garcia Abrego an asset to Telson Resources.
P.GEO. CHIEF GEOLOGICAL ENGINEER
Mr. Robles is a Geologist Engineer with 30 years of experience in evaluation and operation of mining projects.
He is currently a partner and the Geology and New Projects Manager of Reyna Minas SA de CV, a Mexican company, focused on the development and operation of mining and metallurgical projects.
Some of the projects that Jesús has participated in with Reyna Minas include: Pinzán Morado, Gro., La Natividad, Gro., La Negra, Qro., Navidad, Dgo., Rufus, Col., Tototlán del Oro, Jal., Morelos Sur, Gro. and others.
Through Reyna Minas he has provided technical support to a number of Canadian companies like: Aurcana Corporation, DLE Investments, Cayden Resources, Skeena Resources, La Camera Resources, Cortez Goldcorp, Minco Plc and others.
During his professional career, he worked 16 years for Fideicomiso de Fomento Minero, a development bank specializing in the mining industry, as Director of Regional Offices in Sonora, Sinaloa, Baja California and Baja California Sur States. He also held the position of Vice Director of Technical Assistance for the Medium and Small Mining Industry, visiting and providing support to many of the mining and metallurgical projects.
OSCAR NAVARRETE ENCISO
C.P. VP FINANCE MEXICO
Public Accountant with 15 years of experience in the Mining Field, he has collaborated on numerous mining projects across Mexico: La Negra, Morelos Sur, Guachinango, Matehuala, Rufus, Petlacala, Santa Gertrudis, Tototlán, among others.
Oscar have also actively provided accounting services and tax consultancy for companies such as Reyna Mining, Agnico Eagle Mines, Chaparral, LC Mines, Altiplano, Cortes Gold Corp, Imisa Minerales, Steinweg Mexico, among others.
Oscar is currently the CEO in Demex Asesores S de RL de CV, a firm focused on accounting, tax and labor; specialized in the mining filed, working with national and multinational companies.
He graduated from Universidad del Valle de México, Audit, and Tax Analysis Specialist.
DAVID BERLANGA LOPEZ
COMMERCIAL SALES MANAGER
David Berlanga López as Telson’s Commercial Sales Manager is responsible for the entire process of commercialization of the concentrates and metals produced by Telson’s subsidiary companies. With a BA in Marketing and International Business and a Masters Degree in Business Administration and Finance he brings 14 years of experience in the mining industry.
He has been involved in the commercialization of concentrates for Minera La Negra and currently collaborates with Reyna Mining in the areas of Commercial Management, New Projects and Public Relations. He is also the commercial advisor for “Energéticos Nieto” in relation to the distribution and commercialization of fuels.
He is a member and representative of the AIMMGMAC - Association of Mining Engineers Metallurgists and Geologists of Mexico AC- of the Mexico District, and Member of the Mining Cluster of the State of Guerrero.
M.SC. GEO, B.S. GEO ENGINEER
Mr. Hernandez has 15+ years of professional experience in all stages of mineral exploration both brown- and greenfield projects. He has participated in the discovery, acquisition and development of various mineral deposits including low-sulfidation epithermal gold-silver systems, copper-gold and polymetallic skarns. Mr. Hernandez has a vast experience in Mineral Resource Estimations and Geostatistics in different types of deposits. He has worked for Minaurum Gold Inc. a Canadian-based junior exploration company and Servicios Industriales Peñoles as Project Geologist in both companies. He held a Research assistant position in the Institute for the Study of the Earth’s Interior, Okayama University, Japan. Additionally, he worked as Chief Geologist at Candiani Mining Investment Bank giving technical support to Mineral Evaluations, Mergers & Acquisitions, as well as exploration management.
Prior to joining Telson, Mr. Hernandez was Gold Resource Corporation’s Chief Exploration Geologist for Mexico with strategic and sustainable exploration, and Reserves and Resources management as his main responsibilities. He holds a BS degree with honors in Geological Engineering, 2005, and a Masters in Geology, 2009, from the Universidad Nacional Autónoma de México, Mexico City, Mexico. Mr. Hernandez is an active member of the Society of Economic Geologists, Geological Society of America and the Mineralogical Society of America, and he has published and contributed in several research papers in the fields of Geology and Geochemistry.
RESERVES & EXPLORATION MANAGER
CANADIAN HEAD OFFICE
1111 Melville Street, Suite 1000
V6E 3V6, Canada
Tel: +1 (604)684-8071