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San Albino Deposit

Key Facts

Location Nueva Segovia, Nicaragua
Mine Type Open Pit and under-ground potential
Metals mined Au, Ag
Employees/Contractors 265/197
Deposit Type Orogenic – High grade Au, shallow dipping 1-2m wide stacked veins 
Ownership 100%
Resources and Reserves  


San Albino is a high-margin gold mine with a Measured and Indicated mineral resource (open pit) grade of 9.54 g/t Au (1)

Our strategy is to consolidate a low-cost, cornerstone operation at San Albino– an area that only represents ~2% of our landholdings

Cash flow from San Albino is funding exploration on the district-scale Nicaraguan land package of ~188 sq. km

San Albino Drill Hole Database

Operating Data

    3Q2021 4Q2021
Tonnes Mined tonnes 51,210 44,160
Strip Ratio waste/tonnes 15.5 16.5
Tonnes Milled tonnes 33,441 38,313
Tonnes per day tpd 429 (85% availability) 507 (82% availability)
Au Grade Gr/Tonne 8.25 9.01
Au Recovery % 92.9% 92.7%
Gold Production Oz. 8,239 10,291
Total Cash Costs US$/Oz. Au sold 949 TBD
All sustaining cash cost ("AISC") US$/Oz. Au sold 1,086 TBD

Geology and Mineralization

Coming soon.


Selective infill drilling ongoing

History & Milestones

Reserves & Resources

NI 43-101 Technical Report

Photo Gallery

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