El Mochito

MMX Interest:  22.5% Silver Stream for ongoing payment equal to 25% of the silver price
MMX Metal Exposure:  Silver (Ag)
Location:  Las Vegas, Honduras
Operator:  Kirungu Corporation
Status:  Producing

Asset Information

  • Long mine life (10+ years) with meaningful expansion and optimization plan
  • Attractive exploration potential with a significant land package of 10,000 hectares
  • Q4 2019 was El Mochito’s twelfth quarter of growth since it was acquired by Ascendant Resources in 2016
  • Overalll production for 2019 represented an increase of 16% over 2018 contained metal production
  • In April 2020, El Mochito was sold to Kirungu, a privately owned company

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