Investment Opportunities
An exciting ground floor opportunity to participate in a portfolio of copper, gold, and molybdenum assets in Mexico. Future cash flow from existing production will provide financing engine to expand and explore without undue dilution.
Candela Mine copper and gold production will continue to grow through 2025-26, 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 Q3 2025, production of copper and gold will restart. Expansion and exploration provide significant upside opportunity.
Company Highlights
Production
Previous small-scale 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 2025 and 2026 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 6.03% and 381 g/t, respectively.
Over 35 known showings.
Exploration drilling in 2025 to commence resource delineation.