Luminex Resources Announces Positive Condor North Preliminary Economic Assessment; US$387 Million NPV, 12 Year Mine Life and Production of 187 Koz Gold Per Year
The TSF has been designed to accommodate over 107Mt of tailings produced over the life of mine.
- The TSF has been designed to accommodate over 107Mt of tailings produced over the life of mine.
- Two Waste Rock Storage Facilities ("WRSFs") and a Saprolite Storage Facility for Condor North that are proposed to be located in closed drainage basins.
- Luminex is committed to maintaining a robust social license to continue its Condor mineral exploration and mine development operations in Ecuador.
- Santa Barbara contains over half of Condor's inferred and indicated gold mineral resource and is located 8km from Condor North.