The Lobo Marte project

The document estimates that the mine can produce about 4.5 million ounces Au, by processing a total of 147 million tons of mineral at an average grade of 1.35 g/t Au. Average metal recovery is 71%, with an average production cost of US$ 545. The initial project envisages an open-pit mine, a SART plant and heap leaching to successively mine first Marte and then Lobo, with expectations of entering production in 2027.

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