location_on AREQUIPA REGION, PERU

Condor Mine

A premier high-grade underground operation delivering exceptional silver and gold margins in one of Latin America's most established mining districts.

METALS Silver & Gold
MINING METHOD Underground
PROCESSING Flotation
OWNERSHIP 100%

Underground
Excellence

Situated in the high Andes of the Arequipa Region, Condor is a highly mechanized underground mine targeting steep, high-grade epithermal vein systems.

Unlike our open-pit operations, Condor requires precision mining techniques. By utilizing cut-and-fill and long-hole stoping methods, we minimize dilution and maximize the grade of the ore delivered to the processing plant.

This strict grade control translates directly to robust operating margins, making Condor a highly profitable anchor in our Latin American portfolio.

Condor Mine

2026 Operating
Guidance

TARGET PRODUCTION 7.5k–8k GEO
TARGET AISC $13.00/oz Ag

Technical Profile

A look at the geological framework and processing methodology that drives Condor's profitability.

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High-Grade Geology

Condor is characterized by a classic intermediate sulfidation epithermal system. The dominant veins—San Rafael and El Cristo—host spectacular silver grades with strong gold credits.

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Mining Approach

Our 2026 exploration program focuses on down-plunge extensions of main structures, utilizing precise underground methods to replace mined depletion rapidly and extend mine life.

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Flotation Plant

Ore is processed through a modern 1,200 tpd crushing, grinding, and flotation circuit, yielding a premium precious metals concentrate transported via sealed highways for refining.

Reserves & Resources

CATEGORY TONNAGE (Mt) SILVER GRADE (g/t Ag) GOLD GRADE (g/t Au)
Proven & Probable Reserves 9.5 210 g/t 1.2 g/t
Measured & Indicated Resources 13.0 195 g/t 1.1 g/t
Inferred Resources 6.0 180 g/t 0.9 g/t

Notes: Mineral Resources are inclusive of Mineral Reserves. Effective date: December 31, 2025. Standard: NI 43-101.

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Discover how we are transforming the mining industry through innovation and responsible management.

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