Energy Today updates La Palmichala technical review with ESG plan
Energy Today Corp said it completed an updated NI 43-101 technical review of its La Palmichala gold project in Colombia’s Segovia–Remedios belt, backing current production and a larger expansion case. The review also folds in an ESG program with QED Connect that the companies say will shape tailings, water use and land restoration.
Why it matters: - The updated NI 43-101 review gives Energy Today a technical framework that could help support outside investment and expansion planning. - The review ties the producing La Palmichala gold project to an ESG program meant to address environmental management and post-mining land use. - The company says the project is already cash-flowing, which lowers exploration risk compared with a development-stage asset.
What happened: - Energy Today Corp completed an update of the NI 43-101 technical review for its La Palmichala Gold Project in Colombia’s Segovia–Remedios gold belt. - The review covers the project’s geological model, current production and expansion potential. - Energy Today said the review also incorporates the QED Connect and GMSacha Inchi environmental mitigation program. - Santiago SanJuan, COO of Energy Today, said the review confirms La Palmichala as a robust, cash-flowing gold asset with expansion potential.
The details: - Current ore throughput is 127.68 tonnes per month. - Current gold output is about 5.926 kilograms per month, or roughly 190 ounces. - The current mined grade is about 46.4 grams per tonne of gold. - Underground development has reached Level 5, which the company says confirms vertical continuity of the ore system. - The expansion scenario calls for throughput to rise from 127.68 tonnes per month to 6,000 tonnes per month. - The planned expansion is backed by a modular $5 million processing plant. - The projected full-scale economics include EBITDA of $5.8 million to $7.3 million a year, payback of 9 to 12 months and an IRR of 65% to 110%. - The company also cites an all-in sustaining cost of $750 to $850 per ounce and annual revenue of about $13.3 million at full scale. - The ESG program includes tailings management, closed-loop water recycling, cyanide-controlled processing and post-mining land restoration. - The restoration plan uses Sacha Inchi agroforestry to support long-term ecological and community benefits. - Energy Today described the La Palmichala deposit as an orogenic quartz vein system with multiple ore shoots grading from 10 to more than 50 grams per tonne of gold. - The company says recovery is about 90%. - The modular processing plan includes crushing and grinding, gravity concentration, flotation, CIL/CIP leaching, tailings management and a water recycling system. - The company says the expansion plan uses a hybrid selective and bulk mining system with mechanization. - Energy Today said the project could support direct employment of 80 to 140 jobs and indirect employment of 250 to 400 jobs.
Between the lines: - The update appears designed to make the project easier for institutional investors to evaluate by presenting production, metallurgy, expansion and ESG in one package. - The economics cited are aggressive for a small-scale producer, so execution, permitting, financing and gold-price discipline will be central if the company tries to move toward full-scale output. - QED Connect is positioned as an oversight and ESG layer, which suggests the companies want the project framed as both a mining story and a sustainability story.
What's next: - Energy Today says the NI 43-101 review will help attract institutional investment and validate operational assumptions. - The company also expects the review to support expansion and ESG programs tied to La Palmichala. - Forward-looking plans include plant construction, commissioning and ramp-up to higher throughput, along with implementation of the QED Connect and GMSacha Inchi environmental program. - The company cautioned that production, expansion, financing, permitting and environmental outcomes remain subject to risk and uncertainty.
The bottom line: - Energy Today is trying to turn a producing gold asset into a scaled-up, ESG-framed project with institutional appeal.
Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.
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