The prefeasibility study (PFS) has demonstrated that the Cerro del Gallo (CDG) project, east of Guanajuato City, Mexico, will be a long-life asset that supports owner Argonaut Gold’s strategy to transform from a high-cost producer to a lower-cost producer.
The PFS proposes a 15.5-year operation producing about 80 000 gold-equivalent ounces a year, comprising 64 000 oz/y of gold, 1.30-million ounces a year of silver and 2 400 t/y of copper.