Holding of exploration projects originating from ANM auctions, focused on areas near consolidated assets.
Highlights
- 3 mineral rights acquired via public auction (ANM 2021–2022)
- Initial soil and rock sampling with positive results
- Competitive acquisition cost vs. typical mining upside in case of discoveries
- Proximity to relevant assets (Equinox – BA, Cerrado Gold – TO, Ativa – PE)
- Low burn rate with active regulatory maintenance
Key Applications
- Strategic industrial metals for energy transition and infrastructure
- Store of value and hedge via gold exposure
- Feedstock for titanium and iron production
