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.
- 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
For more information on Moss, please visit www.northernvertex.com.
Source: Elevation Gold Mining Corp public disclosure.