Strategic interests in proven mining assets.
Adar Mining Corp is a privately held company holding stream, royalty, and back-in interests in producing and development-stage mineral projects.
Mallay Silver Mine
Adar acquired all of the outstanding debt secured against the Mallay Silver Mine and restructured the corporate ownership. The asset was subsequently sold to Excellon Resources Inc. in exchange for a base metals stream, royalty, and back-in right on future exploration.
The fully-permitted mill infrastructure includes a 600 tpd flotation plant, assay laboratory, core shed, tailings storage, and full camp infrastructure.
A high-grade silver-lead-zinc vein system.
The Mallay Mine hosts a high-grade silver-lead-zinc vein system with epithermal characteristics. Mineralization is structurally controlled, occurring within steeply dipping quartz-sulfide veins that cut Mesozoic-aged quartzites and limestones.
Three forms of long-term upside.
Base Metals Stream
An ongoing entitlement to a portion of base metals production from the Mallay Mine.
Royalty
A net smelter return royalty on production from the property.
Back-In Right
Optional participation in future exploration upside on the project.
The Mallay Silver Mine is now operated by Excellon Resources Inc.
For more information on the project, please visit Excellon's website.
Visit excellonresources.com →