La Fortuna

Summary:

La Fortuna is high-grade mine currently being moved toward a production decision by Minera Alamos. In a Preliminary Economic Assessment released in August 2018, Minera Alamos published a study that envisions an open pit milling operation that will produce an average of 50Koz of gold-equivalent ounces over a 5-year mine life at an AISC of US$440/Oz. The study estimates an after-tax NPV at a 7.5% discount rate of US$69.8M, IRR of 93% and an 11-month payback. Minera Alamos received permits for the mine in the second half of 2020.

Interest: 1.0% NSR Royalty

Location: Durango, Mexico

Project Status: Development

Counterparty: Minera Alamos (TSX:MAI)

https://www.mineraalamos.com/our-assets/la-fortuna/

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