Timeline
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Annual sales of gold at Corihuarmi for 2020 total US$39 million, the highest since 2012.
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Memorandum of Understanding (“MOU”) amendments signed with COFIDE through 2020.
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COVID-19 global pandemic declared - Minera strengthened safety protocols, supported employees and the community and continued operating at Corihuarmi.
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Cost Reduction and Optimization Plan implemented at Corihuarmi aiming to maximize production results.
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Approval of an optimization and exploration/drilling program at Corihuarmi.
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New gold mineralization zones identified at Corihuarmi in the Cayhua and Laura zones.
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Corihuarmi mine life extended to the first half of 2017.
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Construction permit to build the Ollachea Gold Mine granted by the Ministry of Energy and Mines.
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Commercial production declared at Corihuarmi and first gold pour achieved in March.
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Exploration and drilling program started on the Ollachea Project.
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NI 43-101 compliant Feasibility Study completed for Corihuarmi
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Acquisition of the Ollachea Project.
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Private equity funding secured for exploration and development of Corihuarmi.
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Exploration program focused primarily on the Susan and Diana zones.
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Courtney Chamberlain, Barrie Sullivan and Diego Benavides founded Minera IRL.
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Acquisition of the Corihuarmi project.