Location: Huancavelica, central Peru
District Size: +20,000-hectare land package
Main Economic Elements: Silver, Lead, Zinc
Mine Method: Underground
Stage: Production, development, exploration
Tangana Mining Unit: Cashflow positive mining unit. Underground mine development and resource expansion.
The majority of the established resource is situated in the Tangana Mining Unit (TMU). The TMU is currently the main source of material for the 720 tonnes per day Nueva Recuperada processing plant that is ramping up production. The TMU has significant underground infrastructure that facilitates easy development access and cost-effective infill drilling for further resource definition.
Plata Mining Unit (previously Esperanza): Web of high-grade veins. Exploration and development of initial veins in 2022/2023 with production expected in 2024.
Red Silver Mining Unit (previously Maria Luz): High-grade silver vein system. Currently in bulk sampling.
Ccasahuasi: Breccia-hosted disseminated gold target located adjacent to Tangana. Drilling planned for 2023.
Location: Ayacucho, central Peru
Size: 2,000 hectares
Main Economic Elements: Gold