With a nameplate capacity of 150 tonnes per day, the Vista Plant commenced operations in late May 2019 following the grant of the final operator’s permit, and can generate up to 90 ounces of gold per day based on monthly average grades ranging from 17.5 g/t to 24.4 g/t gold at the current nameplate capacity of 150 tonnes per day. The Vista Plant is currently permitted for up to 350 tonnes per day operational throughput and is both permitted and designed to increase its capacity to 350 tonnes per day with minimal capital outlay and readily upgradeable when warranted by increasing supply.
Titan has an experienced gold processing and development team bringing a depth of processing knowledge, accompanied with a favourable reputation to acquire mineralised material in the region. The Vista Plant production profile in the short term is expected to continue to grow through acquisition of high grade gold-silver bearing material from licensed small-scale miners in the region. In the medium to long term, Titan’s integrated process and exploration team intends to provide additional growth to the Vista Plant’s production profile by leveraging on Titan’s presence and exploration landholding within the greater than 100 km long Nazca–Ocoña metallogenic belt to define significant mineral resources for Titan.