Pallancata

Operating for 15 years

Pallancata is a silver/gold mine in southern Peru which commenced production in 2007.

Ore from Pallancata is transported 22km to the Selene plant for processing.

Key stats

100%

Ownership

Silver

Primary Metal

4.2moz Ag Eq

2021 Production

9.0moz Ag Eq

Proved and Probable Reserves

26.9moz Ag Eq

Measured & Indicated Resources

17.8moz Ag Eq

Inferred Resources

Significant exploration potential in the Pallancata district

The 100%-owned Pallancata property is approximately 160 kilometres from the former Arcata operation. Pallancata commenced production in 2007 and up until December 2013 was a joint venture, in which Hochschild held a controlling interest of 60% with International Minerals Corporation. Following the purchase of IMZ, Hochschild owns 100% of the operation. Ore from Pallancata is transported 22 kilometres to the Selene plant for processing.

Pallancata is a low-to-intermediate sulphidation precious metal epithermal vein deposit and is mined using the cut and fill and long hole stoping methods. Since commissioning, we have found several new veins beyond the original Pallancata vein and we have promising drill targets which may extend the mine life for many more years to come.

Integrated map of Hochschild Operations and Projects in Peru

Integrated map of Hochschild Operations and Projects in Peru
Key mine statistics 2021   2020   2019   2018   2017  
Ore production (tonnes) 530,681 519,611 915,877 717,652 470,903
Average silver grade (g/t) 212 247 278 362 442
Average gold grade (g/t) 0.84 0.87 1.01 1.3 1.78
Silver produced (koz) 3,261 3,679 7,259 7,449 5,956
Gold produced (koz) 13.05 12.93 25.95 26.4 23.47
Silver equivalent produced (koz) 4,382 4,790 9,361 9,403 7,693
Silver sold (koz) 3,263 3,654 7,161 7,439 5,950
Gold sold (koz) 13.03 12.8 25.45 26.23 23.29
Resources (attrib. Moz 44.8 50.1 58.6 68.6 75.1
Capacity 3000 3000 3000 3000 3000