The Canadian company is getting closer to building the project as it has submitted an Environmental Impact Assessment that it began preparing in November 2018, and aims to obtain project approval as defined in the pre-feasibility study published in August 2019. The approval of the EIA is expected to be effective in the first quarter of 2021. It also acquired the Paso San Francisco mine for US$ 1.5 million, which is owned by Copec and adjacent to the Fénix project. It was originally built in the early 1990s to process gold and silver ore from the CanCan, Arqueros and Caique mines.

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