Quality advanced-stage exploration flagship property (Cisneros Project) is rapidly moving towards development
Low CapEx for development of a high grade deposit with favourable metallurgy
Solid founding group with proven track record, Colombian experience and strong technical team
Remarkable social and environmental commitment and practices
Additional 34,000 hectares (ha) situated along the prolific Cauca porphyry belt
Strategic partner, Desafio Minero S.A.C. (the exploration arm of Consorcio Minero Horizonte S.A.C. and Peru's second largest underground gold producer)
Since 2007, exploration has continued at the Company's flagship project, Cisneros, which is located 55 kilometres (km) northeast of Medellin in the Department of Antioquia, Colombia. The project is 20 km west of the Gramalote Project held by an AngloGold Ashanti and B2 Gold Joint Venture. The Company completed a merit report on the initial concession acquired within the Cisneros project property, Guayabito. The area has numerous artisanal workings, some of which date back more than 100 years.
The Company is well positioned with seven strategic projects (totaling over 40,000 hectares (ha) within the prolific Middle Cauca Porphyry Belt.