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El Mochito

MMX Interest:  27.5% 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
  • 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