GCM Mining: Largest Producer of Gold in Colombia
Mid-Tier Latin American Gold Producer
GCM Mining Corp. is a mid-tier gold producer with a proven track record of mine building and operating in Latin America. In Colombia, the Company is the leading high-grade underground gold and silver producer with several mines in operation at Segovia Operations. In Guyana, the Company is advancing the Toroparu Project, one of the largest undeveloped gold/copper projects in the Americas. The Company also owns an approximately 44% equity interest in Aris Gold Corporation (TSX: ARIS) (Colombia – Marmato), an approximately 27% equity interest in Denarius Metals Corp. (TSX-V: DSLV) (Spain – Lomero-Poyatos; Colombia – Guia Antigua and Zancudo) and an approximately 26% equity interest in Western Atlas Resources Inc. (TSX-V: WA) (Nunavut – Meadowbank).
Over 6 million ounces of gold has been recovered from the Segovia title over last 100+ years. Over the last 11 years, under the operation of GCM Mining, Segovia has produced over 1.5 million ounces of gold with an average head grade of 13.6 g/t and in 2021 produced 206,389 with an average head grade of 12.8 g/t.
The Segovia Operations, an area of approximately 9,000 hectares, is made up of several mines including El Silencio, Sandra K, Providencia, and Carla, and is in the Segovia-Remedios mining district of Antioquia, Colombia.
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