Santana Project

Location Sonora State, Mexico
Ownership 100%
Land Position 8,500  ha
Status Permitted – Under Construction
Metals Gold
Mineral Resources Maiden NI 43-101 resource estimate expected Q3/Q4 2020
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 recieved
  • Excellent infrastructure
  • MIA/ETJ approved – mine under construction
  • Expected start of mining operations in Q4 2020
  • Main zones remain open along strike and to depth
  • Significant exploration upside property wide
  • Phase 2 development drilling – Nicho Zone – ongoing
  • New target areas to be drilled in 2020

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 test mining and processing recently completed.


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