San Martin

San Martin also has 1,296 hectares of surface land that cover the areas where the company has the mines access, mine installations, and part of the access roads as well as an additional 160 hectares of surface land where the processing plant, camp, office facilities, maintenance shops, and tailings dams are located. (Mineral rights and surface land rights are independent of each other.) The San Martin mill also underwent an expansion from 950 tpd to 1,300 tpd which was completed in October 2013.

In July of 2019 the Company temporarily suspended all mining and processing activities at the San Martin operation due to a growing insecurity in the area and safety concerns for our workforce. On July 7, 2026, the Company announced that it had entered into a definitive agreement to the sell the San Martin mine to a private Mexican company. Closing of the transaction is subject to customary closing conditions.