Hermosa (Pb-Zn-Ag)

Royalty and Terms: 1% NSR royalty on sulfide ores produced at Hermosa
Operator:  Visit South32 for more information
Primary Commodity: Zinc, Lead, Silver
Location: Arizona, USA
Reserves and Resources:
  • Measured and indicated resources (exclusive of reserves) of 4,408 kt Zn (115 Mt @ 3.8% Zn), 4,979 kt Pb (115 Mt @ 4.3% Pb) and 284,277 koz Ag (115 Mt @ 77.1 g/t Ag)
  • Inferred resources of 910 kt Pb (24 Mt @ 3.7% Pb), 933 kt Zn (24 Mt @ 3.8% Zn) and 50,207 koz Ag (24 Mt @ 64.0 g/t Ag)
Production:
  • LOM Avg.: 280 kt ZnEq

Catalysts:

  • Taylor Project Feasibility Study and Final Investment Decision (FID scheduled for H2 CY2023)
  • Receipt of final permits (Small Tracts Act Approval) for project access and construction
  • Advancement of the Peake prospect that has published exciting drill results including 2.77% copper over 52.4 meters

More details in the 2023 Asset Handbook

 

Source: Company disclosure and Osisko management estimates.