On 17 January 2022, we provided an update following
completion of a pre-feasibility study (PFS) for the Taylor Deposit, which is the first development option at our
100% owned Hermosa project located in Arizona, USA. The PFS results support Taylor’s potential to be the first development of a multi-decade operation, establishing
Hermosa as a globally significant producer of metals critical to a low carbon future, delivering attractive returns
over multiple stages. Read more here and listen to our investor and analyst conference call at the link below.