Atacama Pacific Gold Corporation

Atacama Pacific (TSX:ATM) is a Chilean-focused precious metals development company which owns the Cerro Maricunga Oxide Gold Deposit, one of the largest undeveloped oxide gold deposits in the world. The Cerro Maricunga Deposit, currently undergoing feasibility studies, hosts Proven and Probable Reserves of 3.7 million ounce of gold.

A 2014 Pre-feasibility study highlighted the economic viability of the Cerro Maricunga Project with average annual gold production of 281,000 ounce over the first 8 years, an after-tax net present value (5% discount) of US$409 million and an internal rate of return of 25%. Life of mine estimated operating cash costs are US$683/oz Au.