El Mochito

MMX Interest:  25% 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:  Paying

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
  • A Preliminary Economic Assessment published in October 2018 outlined a 10 year mine life and a plan to optimize and increase throughput by 27% to 2,800 t/d
  • In April 2020, El Mochito was sold to Kirungu, a privately owned company
  • Since being acquired, El Mochito has been steadily improving, reaching production milestones in 2020 and 2021