Camino Rojo

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

Asset Information

  • Open-pit heap leach mine 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 declared effective April 1, 2022
  • Successful commissioning included the ramp up of mining and processing to sustained throughput levels
  • Record quarterly gold production of 25,672 ounces in the Q2 2022 with processing throughput for the quarter averaging 18,245 tonnes per day, exceeding nameplate capacity of 18,000 tonnes per da

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Source: Orla Mining public disclosure.