Florida Canyon

MMX Interest:  3.0% net smelter return (NSR) royalty
MMX Metal Exposure:  Gold (Au), Silver (Ag)
Location:  Nevada, USA
Operator:  Argonaut Gold Inc.
Status:  Producing

Asset Information

  • Restart of an existing mine with a long history of production as an open pit heap leach operation
  • Achieved commercial production in January 2018
  • An updated Life of Mine Plan released in July 2020 highlighted a 9.5 year mine life and gold production ramping up to an average of 77,000 ounces per year
  • Argonaut Gold acquired the Florida Canyon mine from Alio Gold in July 2020
  • Operational and productivity improvements have been made since July 2020 leading to a 25% increase in GEOs in Q3 2021 compared to Q2 2021

For more information on Florida Canyon, please visit www.argonautgold.com.


Source: Argonaut Gold Inc. public disclosure.