Growing production and cash flow from 40%-owned Pallancata underground silver-gold mine, Peru, the #5 primary silver mine worldwide. Partnered with Hochschild Mining. IMZ carried free to production (in 2007).
14.2 million ounces gold equivalent resources in 6 properties (75% in M+I resource categories).
Acquisition of Ventura Gold Corp (Jan 2010) added 70% interest in Inmaculada underground gold-silver deposit in Peru, close to Pallancata Mine and also partnered with Hochschild.
Acquisition of Metallic Ventures (Feb 2010) added significant gold resources at the Goldfield and Converse deposits in Nevada, USA and a 3% NSR royalty from Barrick’s Ruby Hill gold mine in Nevada. Approximately $3.0M/year toIMZ.
Rio Blancounderground gold-silver deposit in Ecuador. “Production ready”. Development subject to new mining law regulations, permits, financing and construction.
Gaby open-pittable gold deposit, also in Ecuador, at feasibility stage. Development subject to the new mining law regulations, completion of a final feasibility study, permitting and financing.
17 years operating in Peru and Ecuador. Experienced management team with history of discoveries worldwide.
