International Gold Resources Inc.
International Gold Resources Inc. (IGR) is a publicly traded precious metals exploration and development company based in Vancouver, Canada. The company is primarily focused on gold and silver projects in Colombia and Peru.
History and Operations
IGR was founded in 2007 and listed on the TSX Venture Exchange (TSXV) in 2010. The company’s primary asset is the Titiribi Gold Project in Colombia, which it acquired in 2011. Titiribi is a high-grade, gold-copper porphyry deposit located in the Central Andes region of Colombia.
IGR has also explored other gold projects in Colombia, including the El Porvenir Project and the El Picacho Project. In Peru, the company has explored the Quechua Gold Project.
Projects
Titiribi Gold Project (Colombia):
* High-grade gold-copper porphyry deposit
* Proven and Probable Reserves of 4.3 million ounces of gold and 2.5 billion pounds of copper
* Initial production target of 200,000 ounces of gold per year
El Porvenir Project (Colombia):
* Gold exploration project located in the Nariño Department of Colombia
* Early-stage exploration indicates the potential for a high-grade gold deposit
El Picacho Project (Colombia):
* Gold exploration project located in the Antioquia Department of Colombia
* Initial drilling results indicate the presence of gold mineralization
Quechua Gold Project (Peru):
* Gold exploration project located in the Puno Region of Peru
* Early-stage exploration indicates the potential for a large-scale gold deposit
Financial Performance
In 2022, IGR reported a net loss of $16.5 million on revenue of $1.4 million. The company’s primary source of revenue is the sale of gold from its exploration projects.
Outlook
IGR is focused on advancing its Titiribi Gold Project towards production. The company plans to complete a Definitive Feasibility Study for Titiribi in 2023 and begin construction of the mine in 2024.
IGR’s other exploration projects provide the company with a potential for future growth. The company plans to continue exploration on these projects to define their potential and attract potential partners or buyers.
原创文章，作者：杰克，如若转载，请注明出处：https://hengxing99.com/7924.html
