Cerro Vanguardia

• Cerro Vanguardia concession area is approximately 514 km2.
• The orebodies compromise a series of epithermal vein deposits (low-sulphidation deposit).
• The mineralization is concentrated in quartz veins.
• The mine operation includes multiple open pits and several underground mines.
• The extracted ore of higher grade is treated in the process plant (Leaching with Cyanide, Elution, CIL, Merrill-Crowe) while the low-grade ore is treated in a Leach Pile whose solution is sent to the process plant.

Crushing, milling and processing of ore at site, with CiL recovery and metal doré bar as final product.

Cerro Vanguardia produced 179.175 oz of gold during 2025,

• Reserves: 0.67 Moz gold
• Measured and Indicated Resources: 2.29 Moz gold
• Moz gold & Inferred Resources: 0.42 Moz de oro Moz gold

Cerro Vanguardia concession area is approximately 514 km2. The orebodies compromise a series of epithermal vein deposits (low-sulphidation deposit). The mineralization is concentrated in quartz veins. The mine operation includes multiple open pits and several underground mines. The extracted ore of higher grade is treated in the process plant (Leaching with Cyanide, Elution, CIL, Merrill-Crowe) while the low-grade ore is treated in a Leach Pile whose solution is sent to the process plant.