Vancouver-based copper and gold producer has tabled an updated resource and reserve statement for its mine in Brazil.

The drill highlights include 48.8 metres of 2.17 g/t gold from 166.1 metres.

The open-pit, heap leach operation poured its first gold on Oct. 15 and is expected to generate 5,000 to 10,000 oz. of gold for the company this year.

A transaction could be completed as early as Q1 2021.

The Detour East property is about 11 km east of the Detour Lake gold mine.

PwC finds the MT50 have maintained consistent revenues and profits, with revenue up 6%.

Investors are putting pressure on gold miners, whose high greenhouse gas emissions have been less scrutinized, to report transparently and take concrete steps to curb them.

Gold’s break below $1,850 triggered a wave of sell stops, analysts say.