Amapá Minerals Holdings Inc

Description

Amapá Minerals Holdings Inc is a TSX-listed gold producer operating the past-producing Amapá open-pit mine in Amapá State, northern Brazil, within the Guiana Shield, which sold more than 1.5 million ounces of gold between 2005 and 2021 before care and maintenance. The company recently refurbished the site's 10,000 tonne-per-day carbon-in-leach processing plant and achieved first gold pour on May 4, 2026, producing approximately 500 ounces from stockpiled material in Q2 2026 at 72.2% recovery and 0.59 g/t feed grade.

A January 31, 2026 NI 43-101 technical report defines Measured & Indicated resources of 61.23 Mt at 0.988 g/t for 1.94 Moz gold (inclusive of reserves) and Proven & Probable reserves of 31.69 Mt at 1.111 g/t for 1.13 Moz gold, supporting a 10-year open-pit life-of-mine plan. The company completed a C$140 million IPO on July 30, 2026 plus C$28.5 million in warrant exercises to fund the restart and ramp-up.

Weakness

List of projects

1. Amapá Gold Project — 100% interest, Amapá State, Brazil; metals: Gold.

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