In a recent interview with Dr. Reuter TV, our Managing Director, Zeff Reeves, discusses the updated Scoping Study for the Ternera Gold Project in Chile.

The Study confirms Ternera as a long-life, high-margin standalone gold project, with average annual production of ~110,000 ounces over nine years, low costs of around US$1,200/oz, and strong cash flow potential. Its simple, proven processing design with recoveries above 94% reduces technical risk and supports a straightforward path to development.

Recent legislative changes in Chile improve permitting clarity and efficiency, further supporting Ternera’s development as one of the country’s most advanced undeveloped gold projects.