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SAN ANTONIO GOLD PROJECT

The San Antonio Gold Project is a past producing mine that went into receivership as an oxide copper mine. The gold potential of the asset has never been properly evaluated, and Osisko Development will focus on amending existing permits to transition the mine production to a gold heap leach operation. There is also significant exploration potential to expand both oxide and sulphide resources. Recent metallurgical testing has shown that the sulphide resources are highly-amenable to heap leaching.

SAN ANTONIO GOLD PROJECT HIGHLIGHTS

Primary Commodity:Gold
Location:
  • Sonora, Mexico
  • Located 160 km from airport and towns of Hermosillo and Obregon
Land Package:11,338 ha of mineral rights
Reserves and resources1:Inferred resources of 1,049 Koz, 27,600 Kt @ 1.18 g/t Au
Status:
  • Development
  • Permitted for mining (permit amendment for gold in progress)
Anticipated Production:Initial production targeted between 50-70 koz Au per year
  1. Please refer to Mineral Reserves and Resources section of this website for complete details