
MMX Interest: 22.5% Silver Stream for ongoing payment equal to 25% of the silver price
MMX Metal Exposure: Silver (Ag)
Location: Las Vegas, Honduras
Operator: Kirungu Corporation
Status: Producing
Asset Information
- Long mine life (10+ years) with meaningful expansion and optimization plan
- Attractive exploration potential with a significant land package of 10,000 hectares
- Q4 2019 was El Mochito’s twelfth quarter of growth since it was acquired by Ascendant Resources in 2016
- Overalll production for 2019 represented an increase of 16% over 2018 contained metal production
- In April 2020, El Mochito was sold to Kirungu, a privately owned company