“The company’s flagship project, Filo Sur, is strategically located immediately
south of Filo Mining’s flagship Filo del Sol project, and on strike with its world
class new sulphide discovery, in the Vicuña Copper District of Chile and
Argentina. NGEx Minerals’ recent discovery at Lunahuasi and its Los Helados
exploration projects are nearby and in the same district, positioning Mogotes
Metals at the heart of a prolific mining region.
Valued at approximately C$30M, the company has multiple exploration prospects, each of which could potentially become a discovery. Nearby peers are valued at C$4.5Bn, and approx C$2Bn each. Mogotes presents a high leverage opportunity for exposure to this new and important Copper district, which has been validated as a future potential mining camp by BHP (one of the largest mining companies in the world).
The Company recently welcomed a mining company as a shareholder through a strategic investment, and has had two field seasons of successful exploration in which large and attractive exploration targets have been identified that are to date largely undrilled and under explored.
Mogotes Metals recently commenced trading on the TSX Venture Exchange
under the symbol “MOG” in June of 2024.
Cash: CAD10M
Debt: /
Major shareholders:
Insitutional (37%) including Euro Pacific Asset management, Earthlabs, Konwave AG, Crescat Capital, Fourth Sail Capital, Sprott Funds, Lowell Resources Funds Management
Management Ownership – 22%