Orisyvo

Ownership: Minera Fresnillo, S.A. de C.V. (100% Fresnillo plc)
Location: Chihuahua
Anticipated production: Avg. annual production of 136 koz gold
Indicated and inferred resources: 9.6 moz gold, 12.3 moz silver
Estimated Pre-operative Capex: US$350m

Overview and Key Exploration:

  • A test stope and a preliminary economic assessment study completed; however, given Orisyvo is a new district and thus require significant investment in infrastructure, development was initially deferred

  • Improved recoveries following metallurgy testing leading to a stronger project

  • Assessing a 8,000 TPD mine with a DLP processing facility; focusing on higher grade zones of the gold resource base

  • PEA complete

  • Currently expected to commence production in 2022