OVERVIEW
OUR ASSETS

Southern Peaks Mining (SPM) is a private company owned by management and funds advised by Global Natural Resource Investments (“GNRI”), founded in 2010. GNRI partners with top quality management teams to invest in niches within the global natural resources space, particularly upstream oil & gas, mining, and power, including renewables.

Condestable is an established underground copper producer in Peru, with an output of 23k tonnes of Cu equivalent in concentrate each year (with Au and Ag by-products). Following a 3 year, 350k meter, drilling and resource optimization programme, SPM expects a significant increase in NI 43 101 resources during 2021, which will allow for a major expansion in production capacity at its flagship asset.

Ariana is a fully permitted project, currently in early-stage construction. The hydrothermal skarn deposit contains Copper/Zinc mineralization with significant Au/Ag by-products.

PRODUCING ASSETS
CONDESTABLE
LOCATION
Cañete, Lima, Perú
KEY COMMODITIES
Cu (Au / Ag)
LAND PACKAGE
45,868 ha
MILL CAPACITY
7,000 tpd
DEPOSIT TYPE
IOCG

C1 CASH COST 3Y AVG

US$ 1.72 / lbs

TYPE OF MINE
Underground
OWNERSHIP
98.7%
DEVELOPMENT ASSETS
ARIANA
LOCATION
Junin, Lima, Perú
KEY COMMODITIES
Cu (Zn / Au / Ag)
LAND PACKAGE
960 ha
MILL CAPACITY
2,000tpd
DEPOSIT TYPE
Hydrothermal skarn

C1 CASH COST LOM

US$0.51/lb
TYPE OF MINE
Underground
OWNERSHIP
100%