We have a portfolio of Development projects in Chile and Peru.


The Azuca project is wholly owned by the Group and is located in the Group’s existing operating cluster in southern Peru. In January 2012, the Company announced that it had decided to delay a Feasibility Study process and continue exploration work at the project in order to provide a more comprehensive picture of the dispersed vein structures present in the area and potentially deliver a more robust and value accretive project going forward.

As of 31 December 2021, Measured and Indicated Mineral Resources amounted to 7.1 million tonnes at 0.77 grams per tonne of gold and 188 grams per tonne of silver containing 173,500 ounces of gold and 42.7 million ounces of silver. Inferred Mineral Resources amounted to 6.9 million tonnes at 0.89 grams per tonne of gold and 170 grams per tonne of silver per tonne containing 199.5 thousand ounces of gold and 37.9 million ounces of silver.