Calcatreu Project is located in Rio Negro, a province of the Patagonia region.
By Panorama Minero
Construction work resumed on January 5, 2026, following a short hiatus over the holiday period. Approximately 40,000 tonnes of mineralized material, extracted from the new Veta 49 pit, have been stockpiled and 5,200 tonnes of said mineralized material are expected to be stacked on the leach pad after electric leak detection tests are performed later this month. This represents a key milestone as the Project moves closer to the commencement of leaching operations.
Construction of the carbon-in-column (“CIC”) circuit of the plant resumed and is also expected to be finalized this month. Once leaching and processing of the stockpiled material commences the resulting metal doré will be shipped to Asahi Refining Canada in Ontario, Canada.
The new camp for the Project is being commissioned and dining facilities for 140 people were recently completed - both of which strengthen the Project’s operational capacity.
NCL Ingenieria y Construccion Ltda. continues to advance a technical report prepared in accordance with National Instrument 43-101 on the Project, which is expected to be released in Q2 2026 and will provide the market with an updated technical basis for Calcatreu.
