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2423: Pilar Gold's massive gold project will be producing within months

Pilar Gold is moving towards production at its four million ounce project in Brazil.

The project previously produced of the order of 70,000 ounces per year, before it ceased production in 2017. Now, with a huge resource base, the plan is to put the project back into production within a few months at an initial rate of around 40,000 ounces, and ramping up thereafter.

Pilar also owns a stake in the fast-growing Chancery Royalty, which in turn holds a royalty over the Pilar project.

Pilar chairman Jeremy Gray is involved in both companies, and here he introduces new chief executive Enrique de…

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