Monpáez
Critical metals
Invest in the trading house

A Western routefor the metals that matter.

You invest in Monpáez — a trading house bringing essential ores back into Western-aligned supply chains. The first project turns a million tonnes of Peruvian waste into silver.

NPV @ 10%
$78.5M(58% IRR)
Net after tax
$124.8M
To first revenue
~5mo
Silver · modelled
2.25M oz
Total raise
$13.57M

First revenue within ~5 months · capital returned across the project life · ~15–18 months end to end.

The first project

Germania-Pacococha. Turning waste into silver.

A historic silver district left a million tonnes of pre-mined rock on surface — sub-economic when silver was cheap. With silver near $75 and X-ray sorting, that waste is a polymetallic resource.

LocationHuarochirí, Peru
Material~1,000,000 t surface waste
Grade2.5 oz/t Ag · modelled
MethodXRT sensor sorting
Life~15–18 months
Why it's different

The hard part was done thirty years ago.

Pre-mined

On surface, already broken

Mined and sitting on the surface. No exploration, no blasting, minimal mining — closer to processing than to a mine.

Authorised

Permitted site, community-backed

Operating under regional authorisation RD 422-2021-GRL, on a site with a 30-year community easement. Reclamation permitting is being finalised.

Sorted, not milled

Up to 10× enrichment

XRT sensor sorting lifts low-grade bulk into commercial-grade feed, at a fraction of the cost, water and energy of milling.

Restorative

Clean as you earn

The waste is leaching acid and metals toward the Rímac watershed that supplies Lima's water; the project removes that liability as it produces.

How it's structured

One operator. One trading house. One way in.

Operating company · Peru
Grupo Tridentes

Runs the on-site processing operation.

Trading house · Switzerland
Monpáez

Exclusive offtaker. Takes the concentrate to market and controls the chain.

The seat we're offering
Investor

You back Monpáez — the trading house, not a single mine.

From LOI to first silver

Capital follows confirmation.

Weeks 1–2
NDA & LOI

Full scope disclosed; intent to fund.

Month 1–2
Confirmation

Independent sampling + 500 kg XRT pilot.

≤ 2 months
Vehicles

Swiss trading + Peru operating company.

First cash
Tranche 1

50–70 tph · first ~180,000 t.

Months 4–8
Tranche 2

150–210 tph · self-funded scale-up.

15–18 mo
Completion

~1,000,000 t · site remediated.

The largest commitment is staged behind verified grade, confirmed recovery and a proven first production run — the central protection against the project's open risks.

How the investor is protected

Downside covered on three fronts.

Capital first

Returned before any split

The investor recovers their full commitment before profit is shared.

Staged

~$2.6M to prove it

Tranche 1 (50–70 tph) reaches first cash in ~5 months. Tranche 2 (~$7.4M, 150–210 tph) is funded from cash flow, not new capital.

Fallback

A second source of ore

If reclaimed grade underperforms, the mine grants a licence to mine fresh ore from the existing tunnels.

The ask
$13.57M

Total raise, deployed in stages and aligned to milestones. Full use of funds is set out in the project memorandum.

Want the full picture?Leave your details and we'll send the project memorandum.