Overview

Overview

1. Nueva Recuperada Silver District

Location: Huancavelica, central Peru

District Size: +20,000-hectare land package

Main Economic Elements: Silver, Lead, Zinc

Mine Method: Underground

Stage: Production, development, exploration

Projects in the district

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.

2. Coriorcco Gold Project

Location: Ayacucho, central Peru

Size: 2,000 hectares

Main Economic Elements: Gold

Stage: Exploration