RESTART & STABILIZE
Safely and efficiently restart the operation and achieve stable production.
ABOUT US
OVERVIEW
The Amapá Project is a established producing gold operation in the heart of the Guiana Shield. With scale, infrastructure and a track record of production, Amapá is positioned for a new phase of growth.
A LARGE-SCALE GOLD ASSET WITH SIGNIFICANT POTENTIAL
The Amapá Project benefits from a strategic location in northern Brazil, established infrastructure and a highly prospective gold district with multiple deposits.
Our focus is on responsibly restarting and expanding operations to deliver long-term value for our shareholders, stakeholders and host communities.
A STRATEGIC ASSET IN THE GUIANA SHIELD
Located in a recognized gold region, the Amapá Gold Project benefits from existing infrastructure and a sizeable land package in a mining jurisdiction.
- Located in the Guiana Shield, a well-established gold region.
- 158,708 hectares across a district with multiple exploration targets.
- Robust infrastructure with existing access to power, roads and regional workforce.
- Backed by 1.9 Moz Au of Measured & Indicated Resources and 1.1 Moz Au of Proven & Probable Reserves.
BUSINESS STRATEGY
A phased approach to restart, growth, and long-term value creation.
GENERATE CASH FLOW
Leverage existing infrastructure to generate near-term cash flow and fund the next phase of growth.
INAUGURATE UNDERGROUND
Access to high grade gold bodies to further growth and profitability
EXPAND RESOURCES
Advance exploration across the district to grow mineral resources and extend mine life.
OPTIMIZE & GROW
Continuously optimize operations and evaluate accretive growth opportunities.
RECENT ACHIEVEMENTS
Key milestones completed and progress toward ramp-up readiness.
- Completed detailed technical review (NI 43-101 update)
- Refurbished key components of the 10,000 tpd processing plant
- First gold pour and plant fully operational
- Secured all necessary permits for open pit operations
- Strengthened management and technical team.
- Pursuing solid balance sheet position
HIGHLIGHTS
Key strengths and advantages that position the project for restart and long-term growth.
Past producer with over 1.5 Moz ounces of gold produced.
Robust existing infrastructure reduces capital intensity and execution risk.
10,000 tpd CIL processing plant recently refurbished and ready for ramp-up.
Large land package with district-scale growth potential.
Strong exploration upside in an underexplored belt.
Experienced technical and operational team.
Technical Disclosure Note
Unless otherwise indicated, the scientific and technical information contained in this page is derived from the Technical Report entitled "Technical Report on the 2026 Mineral Resources and Mineral Reserves of Amapa Minerals Mine, Amapa State, Brazil", effective January 31, 2026, and dated June 19, 2026 (the "Technical Report"). The Technical Report was prepared by Wagner Palheiros, P.Eng., Rodrigo Peixoto Cordova, Mining Engineer, Gabriel Rezende Freire, P.Geo., and Juliano Felix de Lima, Geological Engineer, each of whom is a Qualified Person ("QP") as defined under National Instrument 43-101 - Standards of Disclosure for Mineral Projects.
Readers should refer to the Technical Report for important information regarding data verification procedures, estimation methodologies, assumptions, qualifications, and the detailed disclosure relating to the Company's Mineral Resources and Mineral Reserves.
Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. Except where specifically indicated, Mineral Resources are reported exclusive of Mineral Reserves and are classified in accordance with the CIM Definition Standards incorporated by reference into NI 43-101.
Any references to regional geology, nearby deposits, or adjacent properties are provided for contextual purposes only. Mineralization on adjacent or nearby properties is not necessarily indicative of mineralization on the Company's property.