AMARILLO GOLD prime asset is the 100% owned Mara Rosa Gold Project in central Brazil, which contains resources of 1,270,000 ounces of gold in 31MT at 1.30 g/t Au.

   BUILDING BRAZIL’S NEXT

 

   PROFITABLE GOLD MINE

PFS Summary

Mineable Reserve (ozs) 1,087,000
Years 1-4 Average Production (ozs) 144,000
LOM Avg Production (ozs) 123,000
Initial Mine Life 8 Years
Operating Cost per Ounce* $545
AISC per Ounce* $655
Upfront Capex* $123M
Sustaining Capex* $17M
NPV 5%, $1,300 Au -US$244M; Payback 1 yr; IRR 51%

 

    *All prices in USD

Amarillo Gold also operates an advanced exploration stage project at Lavras do Sul located in southern Brazil. Lavras do Sul is the largest land package (190 sq. km.) assembled in the 300 year history of gold mining in the Lavras area.