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Cerro San Pedro

GOLD: US 1,564.60 +9.30 +0.6% Volume: 42 January 23, 2020
TSX: NGD 1.23 +0.03 +2.5% Volume: 517,726 January 24, 2020
NYSE MKT: NGD 0.94 +0.01 +1.04% Volume: 1,808,374 January 24, 2020

Overview

Status: Reclamation
Location: 20km NE of San Luis Potosí, Cerro San Pedro, Mexico
Ownership: 100% New Gold
Annual Production:
Cerro San Pedro 2015 2016 2017
Gold (thousand ounces) 106 65 34
Silver (million ounces) 1.5 0.9 0.6
Location of Cerro San Pedro on map of Mexico with pictures of mine overview

The Cerro San Pedro Mine is an open-pit gold and silver heap leach operation located in central Mexico, 20 kilometres northeast of the state capital of San Luis Potosí, approximately 400 kilometres north of Mexico City. The mine site is readily accessed from the city center, and an international airport is located a short distance away.

The mine is operated by New Gold’s wholly owned subsidiary, Minera San Xavier S.A. de C.V.

The Cerro San Pedro Mine concluded active mining operations in June 2016. In 2018, the mine transitioned from residual leaching to reclamation phase.

Site History

Cerro San Pedro started production in April 2007. It finished active mining late in the mid 2016 transitioning to residual leaching. In December 2018, Cerro San Pedro transitioned to reclamation.

Responsible Mining

New Gold is committed to responsible mining in all mining, processing and environmental work across our operations and facilities from exploration, to mining, to rehabilitation and closure. As an organization, we strive to reach the highest standards in employee health and safety, environmental protection and community development and engagement. We believe these are key drivers to achieving a productive and profitable business.

Our policies and practices are guided by principles found in the United Nations Global Compact of which we are signatories, and our operational standards are based on the Mining Association of Canada’s Towards Sustainable Mining Protocols.

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Cierre Responsable de Mina Acciones, avances y buenas prácticas

Community Relations

New Gold is committed to working closely with communities to make a positive contribution to the community and regions in which we live and work. We recognize that our growth and success depend on the long-term economic, social and environmental sustainability of each of the communities in which we operate.

The Cerro San Pedro mine has been an economic bedrock in the community for decades. As the mine nears the end of its productive life, New Gold has invested heavily in equipping the community and mine workers with the tools to transition to a sustainable post-mining economy. Through these efforts there are several new businesses in the region operating financially independently of New Gold support.

We welcome and encourage your feedback. Feel free to visit our office or contact us.

Contact Us

Address: Minera San Xavier, S.S. de C.V.
Camino Cerro San Pedro Km 3+870 N°200
Col. La Zapatilla, Cerro de San Pedro
San Luis Potosi, Mexico C.P. 78440
Telephone:
Ext.		 +52 (444)-8349200
7749
Email: Buzon.CSP@newgold.com