History
History
Our historical milestones
1986
Toldos mine (currently, the San Cristobal open pit mine)
- Biggest silver, lead, and zinc operation in Bolivia
- It is at present an asset of Sumitomo’s subsidiary San Cristobal
- Closed the financing for the initial pre-feasibility study
- Financing of 10m USD for a project valued at 40m USD
1992
Inti Raymi SA, Kori Kollo mine
- Largest gold reserve discovered in Bolivia
- Originally, a subsidiary of Battle Mountain
Gold Co. and later of Newmont Mining - Financing by OPIC 6m USD
- IFC, OPIC & CAF Financing 110m USD
- CEO, together with Shareholders, sold
EMIRSA at 200m USD equity value
1995
Don Mario mine
- Second biggest gold operation in Bolivia, now one large copper operation
- The actual owner is Orvana Minerals
- Sale of the Don Mario Project to Orvana
Minerals in exchange for 50% of equity - Valued in the TSX at 50m USD
2004
Uyuni Salt lake
- Biggest Lithium, Borax & Potassium Operation in Bolivia
- Currently owned by the State of Bolivia
- Sold project to Quiborax
- Equity value of 1m USD
2013
Cerro Rico de Potosi – Colonial Dumps Operation
- One of the largest silver operations in Bolivia
- Operated by Coeur Mining Corp
- Sold 2% of the equity in the project
- Total equity value of 280m USD
2013
Acquisition of the Capillani Mine
- Exploration investment USD 1m
- Small Pilot Production of Gold
- Discovery of a Massive & Kilometric Mineralized Gold & Cobalt Structure
2015
Acquisition of Parco Project
- Acquisition of the Parco Project
- Exploration Program to discover a potential massive ore body with 4% of Sb
2018
Nazareno Project
- Acquisition of Distressed Nazareno Project for USD 6m
- Zinc Mine Operation with small scale Production of 15,000 MT of Zinc Concentrate (50% Zn)
2021
Cuprita Project
- Acquisition of Cuprita SRL’s mining project spans across around 3,000 hectares and is by MTTCORP
- The project boasts two main targets: a high-grade area with a vein of 50 cm @ 75% Cu and a disseminated area with a mineralized structure of 2 Kms long, 35-40 meters width (first 150 m of length) and depth to be defined.
- Project under drilling
2023
Meta Mining Database & Platform finished. Machine Learning & AI Applied
- Creation of Database of approx. 2.500 mining projects of well known mines
- Consolidation of all acquired Projects in MTT Group