Extending the current 6.5 year mine life of Las Lagunas will be carried out through exploration, acquisition, joint venture, or toll treatment of refractory ore from within the region.
The recently appointed Director General of Mines (DR) has indicated approvals for renewal of the three exploration concessions will be issued in the near term. He is also supportive of the Las Lagunas process plant remaining in position following completion of the Las Lagunas project, to process refractory ores that are predominant within the region.
Surplus capacity in the existing Government-owned tailings dam could also be made available, and this would result in a very low entry cost to any new mining project or tolling arrangement by the PanTerra.
Extending the current 6.5 year mine life of Las Lagunas will be...
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