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El Gallo Phase II

Project Stages

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Early Works
Current Stage: Awaiting construction decision
Start: 05/2017
Completion: 12/2017
In Construction
Operation
Project Details

Description

El Gallo 2 is part of the El Gallo complex located in Mexico's Sinaloa state. El Gallo 2 is projected to produce an average of 95,000oz/y gold equivalent (5.2Moz of silver and 6,100oz of gold). El Gallo will be an open-pit operation with conventional crushing and milling, using whole ore leaching.

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Principal Works

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  • * Figures and dates are as per the latest publicly available information, as well as information gathered by BNamericas reporters and analysts and are subject to change.

  • * Changes to original budget estimates are shown as the total figure available and may include interest, working capital, inflation adjustments and other contingencies in addition to capital expenditure.

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Key Specs

Full Name
El Gallo Phase II
Project Type
Gold, Open pit mining, Silver
Development Phase
Awaiting construction decision
Project Status
Active
Project Capacity
225,000  oz/y (ounces per year)  Gold
 Open pit mining
5  Moz/y (million ounces per year)  Silver
Investment
US$ 178mn
Lifespan
7
Location

The El Gallo complex is located in Mexico's Sinaloa state, in the country's north-western region. The property is 32km from the village of Mocorito, approximately 49km from the town of Guamuchil.

* The map coordinates represent the approximate latitude and longitude, and not the exact location of the project.

 


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Director, Corporate Development
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