|Stream and terms:||
|Operator:||Mantos Copper (private company owned by Orion)
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|Reserves and Resources:||Proven and probable reserve of 22.9 M oz Ag (119 million tonnes grading 6.01 g/t Ag)
Measured and indicated resources of 40.4 Moz Ag (236 million tonnes grading 5.31 g/t Ag)
Infered resources of 2.4 Moz Ag (22.5 million tonnes grading 3.3 g/t Ag)
Life-of-mine deliveries of refined silver to Osisko under the amended Silver Purchase Agreement (09-2019) are expected to total over 13.9 million ounces, with annual deliveries during the first five years following commissioning of the Expansion expected to average approximately 1.2 million ounces of refined silver per year.
Well-established operating copper mine in top jurisdiction
- Ex-Anglo American management team with strong understanding of the mine and highly incentivized
- The Expansion is expected to increase the throughput of the Project’s sulphide concentrator plant from 4.3 Mtpa to 7.3 Mtpa by mid-2021 and extend the life of the Project to 2035.