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Cobra Oro Processing Plant

Care & MaintenanceGold
Price-|MCap-

Cobra Oro is a gold processing plant in Choluteca that reached commercial production in April 2017 and operated through March 2023. The current issuer profile states a 120-tonne-per-day crushing, milling and leaching capacity, confirms that the plant is on care and maintenance and says the company is seeking a buyer. A September 2024 option allows Gold Max to acquire all shares of the Cobra Oro subsidiary through scheduled payments, but the issuer's current site still describes the plant as wholly owned.

Country
Honduras
Commodity
Au
Stage
Care & Maintenance