TSX-V: GORO
Cerro Prieto

Cerro Prieto Gold Mine

A 100%-owned, producing heap-leach gold mine in the Cucurpe District of Sonora, Mexico, in operation since 2013.

Producing since 2013
Overview

Producing gold in the Cucurpe District

The Cerro Prieto Project is a 100%-owned, ~4,335-hectare property in the Cucurpe Mining District of Sonora, Mexico, just 52 road kilometres from the regional centre of Magdalena de Kino and 150 kilometres northeast of Hermosillo. It is a shallow open-pit heap-leach operation on a mesothermal vein system, producing gold-silver doré through two crushing circuits and an adsorption-desorption-recovery (ADR) plant. It has been in production since 2013 at roughly 11,500 ounces per year, with an in-house 2026 estimate of 17,000–20,000+ ounces.

Cucurpe Mining District · Sonora, Mexico
100%
Ownership
~4,335 ha
Property
Shallow open pit
Mine type
2013
Producing since
4,200 tpd
Processing
~11,500 oz/yr
Current output
17–20k oz
2026E output
2%
Royalty
On the ground

Inside the operation

A producing mine with infrastructure (open pits, crushing circuits, heap-leach pads and an ADR recovery plant) in the heart of Sonora's mining country.

Crushing circuit & operations
Crushing circuit & operations
Open pit & haul fleet
Open pit & haul fleet
Processing plant
Processing plant
Cerro Prieto, Sonora
Cerro Prieto, Sonora
Exploration

A district-scale opportunity

Cerro Prieto sits on a 2.5-kilometre-plus mineralized shear zone that has only been partially tested. Mining is focused today on the Esperanza zone, with a deep pipeline of advanced and early-stage targets stepping out along trend.

Cerro Prieto deposit and exploration footprint
Cerro Prieto deposit & exploration footprint along the major shear zone.

The Cerro Prieto Major Shear Zone

A network of pits and zones traces the structure across the property, from the producing Esperanza zone through advanced targets like Nueva Esperanza and Reyna, to a string of early-stage discoveries stepping south along the trend. Together they underpin the plan to extend mine life and grow the resource.

Zones & targets
EsperanzaNueva EsperanzaReynaCentroUniónPumaTajo ViejoSouthSocorroReformaCataCoatiCascabel
Nueva Esperanza Zone17 holes drilled

Nueva Esperanza Zone

Partially drilled with 17 drill holes returning excellent results. Additional drilling will continue to define the extent of this high-grade zone.

Reyna ZoneTrenched · undrilled

Reyna Zone

An undrilled exploration target, trenched with promising results, suggesting it may be an extension of the Nueva Esperanza Zone.

Newly discovered zones2.5 km trend

Newly discovered zones

Exploration along a 2.5 km trend SSE from the Centro Pit, the southern extension of the main Cerro Prieto shear zone, has produced excellent preliminary surface samples.

A growing producer in a top mining jurisdiction

Explore the full investment case, financials, and our second Sonoran asset.