Management team and Board of proven mine builders with a strong global track record of creating shareholder value.
Over 2M Oz of 43-101 Current Resources and growing.
2025 PEA¹ valuation shows strong value in situ with $534M NPV at $2650/oz Au and over $1.2B NPV at $3700/oz Au.*
Compelling upside and valuation
Drilling is underway to Expand Resources and advance the Project towards a PFS.
* Readers are cautioned that this assessment is preliminary in nature. It includes Inferred Mineral Resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as Mineral Reserves, and there is no certainty that this preliminary economic assessment will be realized. Life of mine (LOM) cash costs consists of mining costs, processing costs, mine site G&A, refining charges, and royalties. AISC includes cash costs plus sustaining capital, closure cost, and salvage value . See cautionary note on non-IFRS measures. Silver price fixed at US$29.51/oz Ag in both cases.
¹ The preliminary economic assessment (“PEA”) is preliminary in nature. It includes Inferred Mineral Resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as Mineral Reserves, and there is no certainty that the PEA will be realized. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. The PEA is based upon the Mineral Resource estimates for the Miraflores and Tesorito deposits with an effective date of July 31, 2025, and upon the assumptions, parameters and qualifications set out in the Technical Report. The Company has not completed a current pre-feasibility study or feasibility study on the project; studies completed by prior operators are treated as historical and not as current. Accordingly, the PEA does not affect the results of any current pre-feasibility or feasibility study.
The Quinchia Project is located within a region of multiple jurisdictions with rich mining history, spanning over 500 years, and has fostered a pro-mining environment
The region’s industrial-based economy and strong regulatory framework make it highly attractive for mining investments and operations.
The area is home to paved road access, abundant hydropower resources, and skilled services providing sustainable and cost-effective infrastructure to support the advancement of the Quinchia project and other mining operations in the region
Aris Mining: (50km away) forecast to produce more than 160,000 oz Au per year⁶
Buriticá – Zijin/Continental Gold’s mine produces around 250,000 oz of gold per year⁷
Collective Mining’s Guayabales discovery (50km) ⁸