Camino Rojo

MMX Interest:  2.0% NSR royalty
MMX Metal Exposure:  Gold (Au), Silver (Ag)
Location:  Zacatecas, Mexico
Operator:  Orla Mining Ltd.
Status:  Construction

Asset Information

  • 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 operation with average annual production of 94,000 oz gold with good potential for further mine life extension
  • Achieved first gold pour from Camino Rojo in December 2021 and commercial production is targeted for the end of the first quarter of 2022
  • Commissioning and operational ramp-up with continue during the month of December and during the first quarter of 2022

For more information on Camino Rojo, please visit www.orlamining.com
 

 

Source: Orla Mining public disclosure.