MMX Interest:  1.0% net smelter return (NSR) royalty
MMX Metal Exposure:  Silver (Ag), Zinc (Zn), Lead (Pb)
Location:  Junin, Peru
Operator:  Nexa Resources S.A.
Status:  Preliminary Economic Assessment

Asset Information

  • Joint venture between Nexa Resources S.A. (75%) and Pan American Silver (25%)
  • PEA completed in Q3 2017
  • 15 year mine life with expected annual production of 5.2 Moz Ag, 42 kt Pb, and 541 kt Zn (1)
  • Nexa Resources has provided guidance of a 2021 startup (2)

For more information on Shalipayco, please visit

Source: Nexa Resources S.A. public disclosure.
(1) Source: “Technical Report on the Preliminary Economic Assessment of the Shalipayco Project, Junin Region, Peru” dated July 26, 2017 available on SEDAR.
(2) Source: Nexa Resources S.A. investor presentation titled “Roadshow Presentation” dated October 18, 2017 available on SEDAR.

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