Investment Opportunities
An exciting ground floor opportunity to participate in a portfolio of copper, gold, and molybdenum assets in Mexico. Cash flow from existing production will provide financing engine to expand and explore without undue dilution.
Candela Mine copper and gold production and cash flow will continue to grow through 2024, while implementing the mining and processing of molybdenum ore. Follow up drilling at Don Indio will ultimately lead to resource definition.
It is envisaged that by Q2 2025, production will ramp up to 100 tons per month of copper cement and 100 oz gold. Expansion and exploration provide significant upside opportunity.
Company Highlights
Production
Existing production with expansion capability along with significant brownfields potential for copper, gold and molybdenumInfrastructure
Significant level of past investment in site infrastructure and exploration already incurredManagement
Management has a successful track record in the development, construction and operation of mining assets in MexicoPotential
Significant blue sky potential with well-defined exploration targetsExpansion
Opportunity to quickly expand copper and gold production and initiate molybdenum production at CandelaESG
All required permits are in place, excellent relationship with local community, strong corporate governancePortfolio Overview
Open-pit copper-gold production, scaling up through 2024 and 2025 on current work program.
Growing copper-gold production and adding molybdenum.
Significant exploration targets adjacent to the mine, while future cash-flow will provide a solid foundation.
17,659 hectares of mining concessions.
11 diamond drill holes have defined continuous copper-silver mineralization up to 3.23% and 143 g/t, respectively.
Over 35 known showings.
Exploration target potential of 15,000,000 tonnes of 1.5% Cu, or 225,000 t Cu.