Primary ticker: TSXV:ATY Stage of development: Exploration, Development, Production Primary minerals: Copper, Gold Project to promote: La Plata and El Roble Project location: Ecuador, Colombia Website: aticomining.com
Atico is a growth-oriented producer, focused on exploring, developing and mining copper and gold projects in Latin America. The Company generates significant cash flow through the operation of the El Roble mine and is developing its high-grade La Plata VMS project in Ecuador. The Company is also pursuing additional acquisition of advanced stage opportunities.
Cash: USD$16M Debt: USD$15M
Major shareholders: Ingalls & Snyder Aterra Capital Gold 2000 Metaform Investments (Dundee) Management Ownership – 18%
Management Profile
FERNANDO E. GANOZA – CEO
Fernando is a Mining Engineer with over 25 years of management experience in Latin America including key roles in the development of mines in Peru and Mexico as Project Manager and Country Manager for Canadian based producer Fortuna Silver Mines.
He has strategic planning and business development experience with Cargill Inc., where he participated in the valuation and structuring of deals with cumulative value over US$350 million. Fernando holds a BSc. in Mining Engineering from the Universidad de Antofagasta in Chile and an MBA from the Darden School of Business at the University of Virginia.
IGOR DUTINA – Corporate Development Igor has an extensive background in financial and capital markets, with more than 15 years of experience in the mineral exploration and mining industry working with a number of publicly.