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La Fortuna (Au, Ag, Cu)

Royalty and terms: Royalty option

Option to purchase a 4% NSR for $9M

Operator:  Minera Alamos
Visit Minera Alamos for more info
Primary Commodity: Gold, Silver, Copper
Location: Durango State, Mexico
Reserves and resources1:
  • Measured and Indicated resources of 309,000 oz Au, 1,842,200 oz Ag and 7,600 t Cu (3.4 million tonnes grading 2.78 g/t Au, 16.51 g/t Ag and 0.22% Cu)
  • Inferred resources 8,600 oz Au (156,000 tonnes grading 1.72 g/t Au, 8.5 g/t Ag and 0.09% Cu)
Status: Development
1: Mineral Resources have been classified in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum (“CIM”) Definition Standards on Mineral Resources and Mineral Reserves, whose definitions are incorporated by reference into National Instrument NI 43-101.
Source: Company disclosure and Osisko management estimates.