The Igor 4 royalty covers PPX Mining's operating Callanquitas underground gold-silver mine and associated infrastructure. Silver Crown receives 15% of the cash equivalent of silver production, with minimum quarterly delivery of 14,062.5 ounces from March 31, 2026 and an aggregate cap of 225,000 ounces. The current operator resource is effective September 30, 2023. PPX is constructing a 350 tpd CIL and flotation plant, while the older 2018 pre-feasibility study has been withdrawn as current disclosure and is not used for economics.
- Country
- Peru
- Commodity
- Ag
- Stage
- Production