Proven mine builders partnered with a supportive controlling shareholder
Experienced operating team that have been involved in the build of three gold mines in Latin America since 2011 (1)
Same management and operating team that permitted, built and commissioned the La Trinidad mine in Sinaloa, Mexico in 2013-14
Controlling shareholder agreed to backstop a C$27 million rights offering to fund the majority of the expected upfront capex at San Albino (closed July 23, 2019) (2)
- The three mines include Santa Elena (Sonora, Mexico) in 2011, El Gallo Phase I (Sinaloa, Mexico) in 2013 and La Trinidad (Sinaloa, Mexico) in 2014. Santa Elena and El Gallo Phase I were developed under EPCM contracts by Sonoran Resources LLC, where Jesse Muñoz, the Company’s current COO, served as President.
- Please refer to slide 2 of the corporate presentation under “Forward-Looking Statements” for notes and disclaimer regarding technical information from the PEA.