Metals Exploration (AIM:MTL) has resumed construction activities across the La India Gold Project in Nicaragua, following the death of a contractor’s employee.
An incident involving construction work at a leach tank occurred on 19 October, resulting in the fatality.
A company-led investigation remains ongoing. Metals Exploration says it is not aware of any material impact on La India associated with the incident.
La India was acquired by the company in 2025, increasing its Nicaraguan concession package to 1,222km².
Construction at the project is over 50% complete and is funded by existing and future cash reserves generated by the company’s Runruno gold mine in the Philippines.
La India is expected to produce 145,000 ounces of gold per year over a 12-year mine life.
Metals Exploration is a developer and producer focused on achieving more than 80,000 ounces of gold per year.
Write to Aaliyah Rogan at Mining.com.au
Main image: Metals Exploration
