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