Tres Cruces

MMX Interest:  1.5% NSR royalty
MMX Metal Exposure:  Gold (Au)
Location:  La Libertad, Peru
Operator:  New Oroperu Resources
Status:  Exploration

Asset Information

  • Grassroots discovery made by New Oroperu in 1995
  • In 2003, Barrick entered into an agreement with New Oroperu to explore the Tres Cruces property as a potential source of ore for its near by Lagunas Norte mine and mill facility and has since completed significant drilling and various technical surveys
  • In 2020, New Oroperu announced plans to complete a mineral resource update, including the maiden estimation of a standalone oxide resources as a subset of the global Tres Cruces mineral resource estimate

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Source: New Oroperu Resources public disclosure.