Santana Project

Location Sonora State, Mexico
Ownership 100%
Land Position 8,500  ha
Status Permitted – Under Construction (completion expected Q1 2021)
Metals Gold
Mineral Resources Maiden NI 43-101 resource estimate expected Q1 2021
Mining & Processing Concept Open pit mining with heap leach processing

Highlights

  • Near-term production potential
  • Successful bulk test mining completed
  • Production design schematics completed
  • Commercial-scale permits received
  • Excellent infrastructure
  • MIA/ETJ approved
  • Expected start of mining operations in  Q1 2021
  • Main zones remain open along strike and to depth
  • Significant exploration upside property wide
  •  Phase 3 development drilling – Nicho Zone pit optimization work
  • Multiple satellite opportunities to be drilled as part of phase 3 drilling

Overview

The 8,500 ha Santana project is located in Sonora State, Mexico and is accessible by paved highway. It is strategically positioned in a rich mining district that features operational mines from some of the world’s leading names in precious metals mining (Goldcorp, Agnico Eagle, Alamos Gold).

Santana is a low CAPEX open pit heap-leach development permitted project with construction well underway and operations expected to commence in Q1 2021


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