Ares I Peru

The Ares site is situated 4,900 metres above sea level in the Andes Mountains, approximately 275 kilometres from the city of Arequipa, in southern Peru. The unit operates an underground mine and a processing plant.

The underground mine is conformed by vein systems where the epithermal vein deposits represent gold and silver mineralisation of intermediate and low sulphidation type. The veins are mined by conventional and mechanized (trackless) cut-and-fill breast stoping methods utilising both rockbolts and timber as support.

The processing plant has a current ore production capacity of 940 tonnes per day. In 2009, Ares produced 900 thousand ouces of silver and 42.6 thousand ounces of gold.