Operations

A revamped mine and plant.

With the new circuit designed, the company carried out a comprehensive revamp of both the mine and the plant at Mina Real.

Company
Since 2007
Operating continuously in Mexico
Reported result
140 tpd
Plant processing rate
Mineralized material, as stated in the MD&A of September 29, 2025
Expected
Up to 400 tpd
Expected plant capacity when all work is completed
Management expectation, news release May 4, 2026. Not yet achieved
Expected
Oct 2026
Larger pretreatment tank: expected completion
Mid to late October 2026. Expected to allow increased capacity through the mill

Every upgrade, one by one

Loader filling a haul truck underground

Mucking & hauling equipment

New mucking and hauling equipment brought into the mine.

Loader filling a haul truck underground

Mucking & hauling equipment

New mucking and hauling equipment brought into the mine.

Cleaning sump 018

Water pumping stations

Mine water pumping stations rehabilitated, including cleaning of sump 018.

New pump installed at sump 018

New pumps

New pumps installed, including a 40 HP pump at sump 018.

Generator and compressor area

Electrical systems

Mine electrical systems upgraded.

Compressors in the generator and compressor area

Compressed-air systems

Mine compressed-air systems upgraded.

01Mine

Mine upgrades.

New mucking and hauling equipment was brought in, water pumping stations were rehabilitated with new pumps, and electrical and compressed-air systems were upgraded.

Florida 1320 NW mine portal
Loader filling a haul truck underground

Mucking & hauling equipment

New mucking and hauling equipment brought into the mine.

Cleaning sump 018

Water pumping stations

Mine water pumping stations rehabilitated, including cleaning of sump 018.

New pump installed at sump 018

New pumps

New pumps installed, including a 40 HP pump at sump 018.

Generator and compressor area

Electrical systems

Mine electrical systems upgraded.

Compressors in the generator and compressor area

Compressed-air systems

Mine compressed-air systems upgraded.

02Plant

Plant upgrades.

The plant revamp added a 6′ × 6′ ball mill, a centrifugal decanter, a new electrical substation, an expanded tailings filtering station, new stainless-steel process tanks and revamped crushing circuits, alongside repairs and rehabilitation across the circuit.

Mina Real plant: the 6′ × 6′ ball mill
6′ × 6′ ball mill

Ball mill · 6′ × 6′

After the 6′ × 5′ mill went out of service in October 2025, the company sourced a used 6′ × 6′ mill, rebuilt and installed it, with a corresponding slurry pump upgrade. It was commissioned and began operating in late December 2025.

Centrifugal decanter

Centrifugal decanter

A high-speed centrifugal decanter for liquid-solid separation, installed and started up, recovers water, residual values and cyanide for reuse.

Material discharged from the centrifugal decanter

Water recovery

Water is recovered by the centrifugal decanter for reuse.

Centrifugal decanter installation

Cyanide recovery & reuse

Cyanide is recovered for reuse, cutting fresh reagent consumption.

750 kVA transformer

Electrical substation

A new electrical substation, with a 750 kVA transformer and compact substation installed.

Tailings filtering station

An expanded tailings filtering station, enabling dry-stacked tailings storage.

Dry-stacked tailings

Tailings stored dry-stacked, rather than wet.

New 18,500-litre stainless-steel ammonium bisulfite tank

Stainless-steel process tanks

New stainless-steel process tanks, including two reagent tanks with stainless-steel piping and pumps, an acidity/basicity control tank, and a new 18,500-litre stainless-steel tank for ammonium bisulfite.

Cone crusher during repair

Crushing circuits

Primary, secondary and tertiary crushing circuits revamped, including repairs to the jaw crusher and the 4 ft and 3 ft cone crushers.

Vacuum filter no. 2, rehabilitated

Drum filters

Existing drum filters fully rehabilitated. On vacuum filter no. 2, damaged steel was replaced, filter screens changed and the filter drive rebuilt.

6′ × 12′ ball mill bearing work

Ball mill · 6′ × 12′

Babbitt bearing replaced on the 6′ × 12′ ball mill.

Precipitation area with new Butters filters

Precipitation

Two new Butters filters constructed for the precipitation circuit.

Laboratory micro-balance

Laboratory

A micro-balance for weighing gold and silver installed and in operation.

Tailings management

From wet storage to dry stack.

An expanded tailings filtering station allows tailings to be stored dry-stacked rather than wet. The company notes that this reduces the operation’s environmental footprint.

A centrifugal decanter recovers water, residual values and cyanide for reuse, which cuts fresh reagent consumption.