Mineros Expands Growth Strategy While Maintaining Decades of Gold Production

Latin American producer increases processing capacity and advances new development projects

What makes Mineros a unique gold producer today?

Mineros combines five decades of steady gold production with a new growth strategy focused on expanding processing capacity, developing new projects, and building a broader global mining portfolio.

For more than 50 years, Mineros has been a consistent gold producer in Latin America.

The company has also been listed on the Colombian stock market for more than four decades, building a reputation as a steady operator that has historically returned capital to shareholders through dividends and share buybacks.

Today, Mineros is entering a new phase.

Under new leadership, the company is positioning itself not only as a reliable producer but also as a growth-focused mining company with a broader international vision.

Currently, Mineros operates two producing mines in Nicaragua and Colombia.

The Nicaraguan operations produce approximately 140,000 gold equivalent ounces per year, while the Colombian operation contributes roughly 90,000 ounces annually.

While these assets have delivered steady production for years, the company is now investing to unlock additional value.

One of the key initiatives is an expansion of the processing capacity at its Nicaragua operations.

Management notes that there is more mineralized material than the current plant can process.

To address this, Mineros is increasing capacity by roughly 40 percent, expanding throughput from about 1,500 tonnes per day to approximately 2,500 tonnes per day.

At the same time, the company is working to improve recovery rates and ore grades, which could further enhance production efficiency.

Another major growth driver is the Porvenir development project, located southwest of the existing Nicaraguan mines.

When the project’s feasibility study was completed, gold prices were significantly lower than today’s levels.

At current gold prices, management believes the project’s economics appear considerably more attractive.

Beyond Nicaragua and Colombia, Mineros has also begun expanding its project pipeline internationally.

The company recently added an advanced exploration project in Chile’s Atacama region, an area known for its concentration of producing mines and development-stage deposits.

In addition, Mineros has announced the acquisition of a new gold exploration project in Colombia, further strengthening its development pipeline.

For investors, Mineros presents a combination of long-term operating history and new growth initiatives, as the company aims to transform itself into a modern mining company with a broader global presence.

For more information on Mineros (TSX: MSA, OTCQX: MNSAF) please click the request investor info button.

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