What we own
The Group owns a 0.25% NSR royalty over any open pit operations, stepping up in the event production is delayed beyond 30 June 2030.
Vizcachitas is a Tier 1 copper project located in the Andes in Central Chile with a large resource - 1,220Mt of mineral reserves at 0.40% CuEq grade, 1,514Mt of measured and indicated resources at 0.44% CuEq grade and 1,823 Mt of inferred resources at 0.38% CuEq grade.
Reserves based mine life is 26 years with average payable copper production of 183 Ktpa in the first 8 years and 153 Ktpa over the life of the mine, which has considerable life of mine extension potential.
The project adopts a "sustainability in design" approach and is expected to produce clean copper concentrate with low levels of deleterious materials
Why we own it
The Vizcachitas project is a low cost, long-life copper project in a well-established mining jurisdiction and complements Ecora’s existing portfolio of copper royalties.
Operator guidance is for the project to come into production in 2029, with the royalty stepping up in the event production is delayed beyond 30 June 2030.