MMX Interest: 2.0% NSR royalty
MMX Metal Exposure: Gold (Au), Silver (Ag)
Location: Zacatecas, Mexico
Operator: Orla Mining Ltd.
- Land package consists of seven mineral concessions covering approximately 206,000 hectares and is located approximately 50 kilometres from Newmont’s Penasquito mine
- An updated feasibility study completed in 2021 outlined an initial 10 year operaiton with average annual production of 94,000 oz gold and 597,000 oz silver
- Earth moving activities have commenced and production is expected to begin in late 2021
For more information on Camino Rojo, please visit www.orlamining.com
Source: Orla Mining public disclosure.