Pilar Gold is a Brazilian focused gold producer with aspirations to reach 100,000 oz Au p.a. by 2023. The Company acquired the Pilar de Goiás project in April 2021 which includes three underground mines, a 4,000 tpd modern processing facility along with significant associated infrastructure, which has current annual production of approximately 40,000 ounces Au. Pilar Gold has two additional mining operations with production planned to commence in second half of 2022 along with significant exploration and development opportunities. With its existing portfolio the Company plans to aggressively grow production to >200,000 ounces Au p.a. by 2025 by way of organic development and regional consolidation strategies.
PGDM, situated in Goias state of Brazil, is the company’s flagship gold producing business. Acquired from Equinox Gold in April 2021, it consists of three producing underground mines and one open pit in development stage.
Poconé is a free dig, open pit mine situated in Mato Grosso, Brazil. It’s modeled on the low grade, high volume strategy and follows in the footsteps of other highly successful mines in the region.
Faina, located in Goias state, Brazil, consists of four highly prospective tenements including an underground and open pit mine with historical grades averaging 29g Au/ tonne.