La Fortuna


La Fortuna is high-grade mine currently being moved toward a production decision by Minera Alamos. In a Preliminary Economic Assessment released in August 2018, Minera Alamos published a study that envisions an open pit milling operation that will produce an average of 50Koz of gold-equivalent ounces over a 5-year mine life at an AISC of US$440/Oz. The study estimates an after-tax NPV at a 7.5% discount rate of US$69.8M, IRR of 93% and an 11-month payback. Minera Alamos received permits for the mine in the second half of 2020.

Interest: 3.5% NSR Royalty (2.5% NSR is capped at US4.5M)

Location: Durango, Mexico

Project Status: Development

Counterparty: Minera Alamos (TSX:MAI)

Minera Alamos - La Fortuna

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