Production StartFirst official gold pour at the fully owned Fenix Gold Mine marks the transition into production, enabling the company to begin generating revenue from the asset and validate construction outcomes.
Ramp-up And Expansion PotentialOn-budget completion of critical project components and a low-capital heap leach design position the Fenix Gold Project to ramp processing toward intended capacity and potentially expand annual gold output beyond the initial plan.
Strategic Acquisition And FinancingDefinitive agreement to acquire a majority interest in the Condestable underground copper mine, supported by an arranged financing package, is expected to enhance the production profile and diversify metal exposure.