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 extensions
  • Activities are focused on earth moving, concrete pouring and structural and mechanical installations 
  • The first gold production is planned for late 2021

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Source: Orla Mining public disclosure.