First Quarter 2021 - Commenced trial processing of mineralized waste dump material at Cerro Bayo.
October 19, 2021 - Cerro Bayo continued with its processing of the low-grade mineralized waste material throughout the third quarter 2021 and produced 2,925 ounces of saleable gold equivalent. Due to economic uncertainties surrounding this process, no production guidance was provided for Cerro Bayo at the start of this year. However, with slightly higher than expected grades coupled with the support from a strong silver price, it has allowed for the project to be profitable since its initiation in March 2021. Processing will continue through to December 1, 2021, when Equus Mining will acquire ownership of the operation. |