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Brownfield

We have always focused on mineralised districts with the possibility to grow over time and in this regard we are excited by the brownfield growth potential of our portfolio. We believe that the current long-term programme will discover further resources to fill up our existing spare plant capacity, increase our core asset life-of-mine and consider future plan capacity expansions.

2017 Activities 
  • Achieved all required drilling permits
  • Added approximately 10 million ounces of resources at Inmaculada from exploratory underground drilling
  • Started first surface drilling programme at Inmaculada for six years
  • Discovered Aguas Vivas orebody to the north west of San Jose mine


2018 Priorities  

  • Continue assessing Inmaculada’s long-term geological potential
  • Explore areas surrounding Pallancata
  • Improve quality and quantity of Arcata resource base
  • Further drilling campaign at Aguas Vivas and other areas in San Jose to fully understand orebody
  • Execute new drilling programme at Ares
  • Test geological hypothesis at Azuca and surrounding area


Risks 

  • Political, legal and regulatory
  • Community relations
  • Personnel: recruitment and retention