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

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

 

Source: Orla Mining public disclosure.