Lepanto gold mine is an underground operation. The property is located in the Mankayan Municipality, Benguet Province, 100km north of Baguio City. Prior to 1997, the mine was a marginal copper/gold producer. Since 1997, the mine began exploiting the Victoria gold orebody, processing ore through a recently constructed carbon in pulp (CIP) plant. Wood Mackenzie’s asset reports are built from the bottom up, incorporating a number of granular data metrics to ultimately produce our industry standard cash operating costs. This report contains a detailed asset note giving you a holistic view of the asset, including an operational overview through to a timeline of events from inception to now. This qualitative analysis is supplemented by the associated Excel download which enables interrogation of a whole series of cost and production metrics over the life of the asset.