Although the concession is in exploitation phase, to date there are not exploitation activities carried out by the titleholder. This title has an approved program of works and investment (PTI), approved by Resolution No. 0077 of August 27, 2004, issued by the competent mining authority. This permit enables the owners to perform exploitation activities that consist of a small mining operation. The titleholder is in negotiation process with a mining operator to exploit the concession contract. On August 27th 2005, the CSB approved the environmental license (Resolution No. 576) for the exploitation activities in the concession. Los Mates has initiated the cession process of the environmental license from the previous titleholder.
The area does not overlay any area with environmental restrictions.
The inherent obligations of the concession related to the presentation of reports and mining royalties are up-to-date.