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 the first half of 2021.