Pilar Gold Inc. restarts mining in Goiás, targets 2027 listing
3 reports, 1 independent
Updated Tue 00:00
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What happened
Pilar Gold Inc. resumed underground mining operations at its PGDM gold complex in Goiás, Brazil, on October 20, 2026, following more than two and a half years of care and maintenance. The company is targeting its first gold pour by the end of November and plans a phased production ramp-up toward 40,000 ounces of annual gold production in 2027.
From finanznachrichten.de
Why it matters
The restart is a major milestone as Pilar Gold Inc. moves toward the final close of its current financing, which has attracted subscriptions exceeding C$10 million. The company is also preparing for a planned public listing in the first half of 2027.
From finanznachrichten.de
Who's involved
- companyThe company conducting mining operations in Goiás.
- GoiásThe state in Brazil where the mining operations are located.
- Jason FangServes as the Chairman and CEO of Pilar Gold Inc.