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TAHO
Tahoe Res Inc

5/25/2013, 1:19 AM ET
Quote & Headlines Market Currents StockTalk Description
Sector: Basic Materials
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Industry: Steel & Iron
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Country: United States

Tahoe was incorporated on November 10, 2009 under the laws of the Province of British Columbia and is focused on the exploration and development of resource properties in the Americas for the mining of precious metals.

Tahoe’s principal objective is to develop the Escobal project, a pre-development silver project located in southeastern Guatemala, demonstrating high-grade silver, gold, lead, and zinc mineralization (the “Escobal project”). Tahoe is continuing ongoing exploration drilling programs, detailed metallurgical investigations and engineering design work to support permitting and development of the Escobal project.

Developing the Escobal project into a profitable silver mining operation will depend upon Tahoe’s ability to define mineral reserves, to permit operations and to advance the project to production. The Company also engages in activities to review prospective mineral property acquisitions. The Company currently does not have any commercial operations or revenue. Tahoe expects that its current assets are sufficient to finance the Escobal project.