From its beginnings in 2012 until 2017, the El Gallo Mine produced 240,000 gold ounces and 125,000 silver ounces. During Q2 2018 mining and crushing activities ceased and contractor equipment has been demobilized from the mine site, with onsite operations further continuing through residual heap leaching. In 2018 El Gallo produced 39,000 ounces of gold and 9,000 ounces of silver from mining and residual heap leaching.
In 2019 the process plant underwent expansions that improved efficiency and enabled faster gold recovery. El Gallo's 2019 residual heap leaching production was of 16,300 gold equivalent ounces.
Residual leaching costs in 2019 were $11.6 million, or $688 per gold equivalent ounce sold.
2020 residual heap leaching production was of 8.1 thousand gold equivalent ounces. Residual leaching costs for the 9 months ending September 30, 2020 were $8.3 million or $1,242 per gold
equivalent ounce sold.
Residual heap leaching activities will continue to produce gold for several years, while closure and reclamation work at El Gallo are ongoing.
Our 2019 Sustainability Report for our operations at the El Gallo Complex can be accessed here.
At the same time, our team in Mexico is working on a new project for the El Gallo Complex. To find out more information please visit our Fenix project page.