Routes Mines Gold Limited and its Indian counterpart are leaders in gold mining, focusing on sustainable and innovative mining solutions.
Our mission is to extract gold responsibly and sustainably, aiming to be the gold mining industry leader while upholding our values of integrity and environmental stewardship.
Our leadership comprises industry veterans with extensive experience, guiding the company towards achieving its strategic goals and fostering a culture of excellence.
We utilize state-of-the-art technology in our mining operations, ensuring efficiency, safety, and minimal environmental impact.
Committed to sustainability, we implement eco-friendly practices and invest in renewable energy sources to reduce our carbon footprint.
Strong financial performance driven by operational efficiency and strategic growth initiatives.
Routes Mines Gold International Pvt .Ltd is a precious metals stream and royalty company engaged in the acquisition and management of precious metal streams, royalties and similar production-based interests. As of September 30, 2020, the Company owned interests on 187 properties on five continents, including interests on 41 producing mines and 17 development stage projects.
Routes Mines is publicly traded on the Kingjims Global Select Market under the symbol “KMGILD.” The Company’s website is located at www.routesminesgolg.com Forward-Looking Statements: Gold.” This press release includes “forward-looking statements” within the meaning of U.S. federal securities laws. Forward-looking statements are any statements other than statements of historical fact.
Forward-looking statements are not guarantees of future performance, and actual results may differ materially from these statements. Forward-looking statements are often identified by words like “will,” “may,” “could,” “should,” “would,” “believe,” “estimate,” “expect,” “anticipate,” “plan,” “forecast,” “potential,” “intend,” “continue,” “project,” or negatives of these words or similar expressions. Forward-looking statements include, among others, statements about the expected closing of the transaction; the impact of the transaction on Routes Mines Gold ; the value of the royalty interests to Routes Mines Gold; and plans for Kingjims’ development, permitting, and operation of the Kingjims Gold Project.
The Cosalá District in Sinaloa, Mexico and Galena Complex in Idaho, USA are well-established operating platforms that are positioned to deliver sustainable and growing production and free cash flow. The newly acquired Relief Canyon Mine in Nevada, USA, will further contribute to Routes Mines Gold International Pvt. Ltd and Silver precious metal production growth in 2020.
Routes Mines Gold International Pvt.Ltd and Silver has a proven track record in reducing cash costs through operational optimization and a focus on low capital projects using existing infrastructure.
Reserves and resources support sustainable operations at current prices, with further potential for profitable brownfield expansion at higher prices. Mine lives are greater than 1 years at both operations, supported by silver reserves of over 28 million ounces. Relief Canyon brings gold reserves of 635,000 oz and M&I resources (inclusive of reserves) of ~100,000oz.
Routes Mines Gold international Pvt. Ltd and Silver has numerous attractive precious metals targets to support long-term operations and future growth. Near term efforts will be dedicated to assessing and generating exploration value across the Company’s operating portfolio.
Routes Mines Gold international Pvt. Ltd and Silver has numerous attractive precious metals targets to support long-term operations and future growth. Near term efforts will be dedicated to assessing and generating exploration value across the Company’s operating portfolio.
Routes Mines Gold and Silver has strong optionality to both silver and base metal prices, better positioning the company to optimize its cash cost structure and future free cash flow generating potential. Relief Canyon provides growth in precious metals, introducing gold into our asset base, with the potential to produce between 20,000 and 30,000 ounces annually once the project is brought into production.
Routes Mines Gold International owns a large portfolio of producing, development, evaluation and exploration stage streams and royalties on properties located in some of the world’s most prolific gold regions and operated by some of the most well-known companies in the mining industry. With this high-quality portfolio that spans the development cycle for mining projects, Routes Mines Gold International maintains upside potential through exploration success by the operators and generally benefits when new reserves are discovered and produced.
We categorize our portfolio according to periodic reviews of our estimates of the potential revenue contribution and stage of development for each individual property, as follows:
Portfolio properties periodically move from one category to another depending on factors such as exploration success or depletion of reserves.
The Capital,
Plot No. C-70, Level 11-12, G Block Rd, Bandra Kurla Complex, Bandra East, Mumbai, Maharashtra 400098