The COSE Property is a gold and silver project that is 100% owned by Minera Triton Argentina S.A., a wholly-owned subsidiary of Pan American Silver Corp.
The COSE Property is another high-grade satellite deposit within trucking distance to Pan American Silver’s Manantial Espejo mine, offering synergies similar to their Joaquin mine. The COSE Property is a fully-permitted mine that has been developed at a total cost of $23.9 million, since Pan American Silver acquired the property from Patagonia Gold for $15 million in May 2017. Pan American Silver recently completed operations from the property and have placed the operation in care and maintenance.
Interest: 1.5% NSR Royalty
Location: Santa Cruz Province, Argentina
Project Status: Development
Counterparty: Pan American Silver (TSX:PAAS; NASDAQ:PAAS)