MMX Interest:  100% silver stream for ongoing payment equal to 20% of the spot silver price
MMX Metal Exposure:  Silver (Ag)
Location:  Arizona, USA
Operator:  Elevation Gold Mining Corp.
Status:  Paying

Asset Information

  • Low-cost open pit, heap leach operation 
  • Declared commercial production effective September 1, 2018
  • Updated mineral reserve and resource estimate and mine plan released in October 2021, highlighting a 36% increase in measured and indicated resources and extending the mine life to 2025, mining ore at 11,000 tpd
  • Additional high-grade gold and silver drill results have been received from its multi-phase resource expansion program, specifically from the Ruth Vein, making it an important target for further testing for the possibility of additional resources, pit expansion and mine life extension

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Source: Elevation Gold Mining Corp public disclosure.