Cost is ultimately the driver of economic success. Flagship Minerals focuses on projects which are located in strategic settings with competitive cost environments and all required infrastructure.
Flagship Minerals’ strategy is to secure and develop projects which it believes will position the Company as a low-cost producer of Gold and Copper, metals that matter.
Specifically, Flagship Minerals seeks to secure low capital intensity projects in low-cost jurisdictions and infrastructure rich settings, projects which are positioned for high margin outcomes, and projects which are proximal to infrastructure, industry, and manufacturing.
We believe that, ultimately, a project’s cost environment and geographic setting will be the key determinants of economic success, assuming positive metallurgy.
The Pantanillo Gold Project is an advanced oxide gold project located in the prolific Maricunga Gold Belt in northern Chile.
The project hosts 47.4Mt @ 0.69g/t Au for 1.05Moz Au, supported by an NI 43-101 and 20,531m of DDH and RC drilling.
The Rosario Copper Project is located in the commune of Diego de Almagro, Chanaral Province in the Atacama region of northern Chile.
The Project is situated at ~2,500m altitude and about 10km north of the El Salvador mine (owned by CODELCO) and the town of El Salvador with a population of about 7,000.
