Mining Project
Lindero
General Information
- Investment Company: FORTUNA SILVER MINES
- Operating Company: MANSFIELD
- Source of Capital: Canada
- Address: Av. del Bicentenario de la Batalla de Salta 1224 - 2° planta Edificio Cavaliere - (4400) - Provincia de Salta
- Phone: +54-(0)-387-439-3957
Project Details
Salta province (Puna region) 3,800 m.a.s.l.
The Lindero project is designed as a conventional heap leaching process with a nominal production rate of around 6,750,000 metric tons (MT) per year (18,750 tons / day). The ore will be crushed in a 3 stage circuit consisting of a primary jaw crusher, one secondary cone crusher and one HPGR crusher. Subsequently, the ore will be transported via conveyor belts to a leach pad in banks of 10 meters.
Gold
Production
$314,000,000.00
Open pit through conventional blasting, using 100 tn trucks and hidraulic shovels.
Heap Leaching, with metallurgical recovery above 75% through the ADR plant
101,238 oz of gold
- 1.284 Moz of gold as proven and probable reserves (71.505 MT with a gold grade of 0.57 g/t)
- plus 412,000 oz of gold as measured and indicated resources (30.464 MT with a gold grade of 0.42 g/t),
- 386,000 oz as inferred resources (25,325 MT with a gold grade of 0.47 g/t)
Project Photos
Additional Comments
As of December 31, 2023, the leach pad expansion project is approximately 23 percent complete. Mobilization of the civil contractor’s personnel and equipment has advanced with earth moving activities having commenced in January. Deliveries of geomembrane and geosynthetic clay liner are on-track, with the remaining materials expected to arrive on site in the first quarter of 2024. The leach pad expansion remains on schedule for completion during the second half of 2024. Fortuna Silver estimates production of 93,000 to 105,000 oz of gold by 2024