We have a solid asset base and a pipeline of projects spread across the Americas.

Hochschild aims to invest in mineralised districts with the possibility to grow over time. We have a long and successful track record of discovering low-cost resource additions and are currently executing a comprehensive programme at all our deposits across Peru, Argentina and Brazil. We believe that there are significant further opportunities to extend the lives of our mines and projects and improve the quality of our resources.

Inmaculada

During the first half of the year, the team carried out a further 8,392m of potential drilling in the Anomalia 1, Anomalia 4, Martha, Mariana and San Martin structures and 2,024m of resource drilling in the Mariana vein.

During the third quarter, the Company expects to carry out 1,800m of potential drill holes as well as 5,200m of resource drilling in the Melisa vein and drilling deeper into the Angela vein.

Pagination
1---- Slider Counter

Mara Rosa

Within the district, the team drilled 3,009m of potential in Pastinho North, Grid A and the Jatoba areas intercepting low grade narrow structures. During the third quarter, the team at Mara Rosa will continue resource drilling in Posse and also potential drilling in Morro Redondo.

Pagination
1---- Slider Counter

San Jose

During the first half, the team carried out 2,827m of potential drilling in the Escondida, Agostina, Isabel, Isabel 2, Isabel North, Pilar SE, Emilia, Luli, and Tonga veins.

During the third quarter, the Company will finish potential drilling in the Isabel and Escondida veins and start work on drilling for potential in Saavedra West and in the Betania and Florencia breccias.

Pagination
1---- Slider Counter

Our strategy with regards to our greenfield exploration programme is to maintain and drill a balanced portfolio of early-stage to advanced opportunities using a combination of earn-in joint ventures, private placements with junior exploration companies and the staking of properties.

Current greenfield activity

The greenfield exploration programme is currently suspended.

Pagination
1---- Slider Counter

Aclara

In October 2021, Hochschild announced the demerger of 80% of our rare earths business, Aclara Resources Inc as well as the listing on the Toronto Stock Exchange and a concurrent initial public offering which raised approximately $98 million.

Aclara is focused on building a vertically integrated supply chain for rare earths alloys used in permanent magnets supported by its development of rare earth mineral resources hosted in ionic clay deposits, which contain high concentrations of the scarce heavy rare earths. The Company’s development projects include the Carina Project in Goias, Brazil and the Penco Module in the Biobio Region of Chile. Hochschild retains a 20% stake in Aclara.

Click here to learn more
Pagination
1---- Slider Counter

More about our resources

Reserves and resources