Caylloma Mine

100%-owned Caylloma underground silver-lead-zinc-gold polymetallic mine in southern Peru (operated via Bateas). Multiple vein systems including Animas (main), Animas NE, Cimoide ASNE, Nancy, Rosita, San Cristobal (wide veins) plus Bateas, La Plata, Soledad, Santa Catalina and others (narrow veins). Cut-and-fill mechanized + sublevel longhole stoping. 2026 plan: process 550,000t @ 61 g/t Ag, 2.5% Pb, 3.8% Zn. 2026 capital $29.9M; AISC guidance $31.3-$35.6/oz AgEq. Reserves at $21/oz Ag, $1,600/oz Au, $2,000/t Pb, $2,600/t Zn.