Dienstag, 31. Jan, 23:32
 Pilar Gold Inc. /  19. Januar 2023 /  181 views

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Pilar Gold Inc is a producing gold mining company with current annual production of ~45,000 oz Au and aspirations to reach 150,000 oz by 2024. The Company consists of two main gold producing operations, both with sizeable resources:

– PGDM in Brazil with a 4,500 t.p.d. plant and 4 million ounce resource
– Laiva Mine in Finland with a 6,000 t.p.d. plant and 850,000 oz resource

The focus for PGDM in 2023 is to begin production at its super high-grade target, Sertão, supporting its hub and spoke strategy to triple the current feed grade through the gold plant and significantly reduce AISC.

Laiva gold mine was purchased in November 2022 and Pilar looks to restart operations there in mid 2023. The production target for 2023 is 50,000 oz with medium term aspirations of 100,000 oz p.a.

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