Company Overview

Minera IRL Limited is a precious metals mining company focused primarily on gold exploration, development, and production in Peru. The company operates in the mining and natural resources sector and has historically concentrated on developing gold assets in the Andean region. Its principal revenue driver has been gold production from the Corihuarmi Gold Mine, while its longer-term strategic focus has centered on advancing the Ollachea Gold Project, one of its most significant development-stage assets.

The company was incorporated in 2000 and became publicly listed on multiple exchanges over time, including the Canadian Securities Exchange and the Lima Stock Exchange. Minera IRL evolved from an exploration-focused junior mining company into a producer and project developer through acquisitions, mine construction, and continued investment in Peruvian assets. Its positioning has historically relied on maintaining a portfolio of gold assets with relatively low operating costs and long-term development potential in established mining jurisdictions.

Business Operations

Minera IRL’s operations have primarily consisted of two core business areas: producing gold from the Corihuarmi Gold Mine and advancing the Ollachea Gold Project toward potential construction and commercial production. The Corihuarmi operation, located in central Peru, has served as the company’s principal producing asset and source of operating cash flow. The Ollachea project, located in southern Peru’s Puno region, represents a larger-scale underground gold development opportunity that has been the focus of engineering, permitting, and financing efforts.

The company’s assets and operational activities are concentrated in Peru, though it has historically maintained corporate functions through international subsidiaries and public market listings outside Peru. Minera IRL controls mining concessions, exploration rights, and related infrastructure associated with its projects. The company has also worked with engineering consultants, financial advisers, and local stakeholders in connection with project development, environmental permitting, and financing initiatives. Public disclosures have referenced subsidiaries associated with Peruvian mining operations, including Minera Kuri Kullu S.A., which is connected to the Corihuarmi operation.

Strategic Position & Investments

Minera IRL’s strategic direction has focused on extending production life at existing operations while securing financing and regulatory progress for the development of the Ollachea Gold Project. The company has emphasized transitioning from a smaller-scale producer into a larger gold producer through the eventual construction of Ollachea. Strategic priorities have included optimizing mine planning, maintaining environmental and community relations, and pursuing debt or equity financing alternatives to support project advancement.

The company has historically invested in exploration drilling, feasibility studies, and permitting activities tied to Ollachea and surrounding concessions. Public filings and corporate disclosures have also indicated efforts to restructure obligations and improve financial flexibility as part of broader operational stabilization initiatives. While Minera IRL remains primarily focused on gold mining, its strategic positioning is closely tied to Peru’s mining investment environment, access to project financing, and the long-term economics of gold production.

Geographic Footprint

Minera IRL’s operational footprint is concentrated in Peru, where its principal mining and development assets are located. The company’s producing and development-stage projects are situated in established mining regions, including central and southern Peru. Its corporate and investor-facing activities have historically extended into Canada and other international capital markets through public listings and financing activities.

The company’s influence outside Peru has primarily related to capital markets participation rather than large-scale operational diversification across continents. Its business model remains highly tied to Peruvian mining regulation, local infrastructure access, labor availability, and regional community engagement. Despite its relatively concentrated geographic exposure, Peru remains one of the world’s major gold-producing jurisdictions, providing the company with access to established mining expertise and infrastructure networks.

Leadership & Governance

Minera IRL has undergone multiple leadership and governance transitions during its operating history, reflecting both operational challenges and efforts to reposition the company strategically. Governance has centered on advancing project development, maintaining operational continuity at Corihuarmi, and improving financial stability. The company’s leadership has consistently emphasized responsible mining practices, project financing discipline, and long-term value creation through development of its Peruvian gold assets.

Key executives and directors publicly associated with the company in recent filings and disclosures include:

• Diego Benavides – Executive Chairman and Chief Executive Officer
• Gerardo Pérez – Chairman of the Board (historically referenced in governance disclosures)
• Dean Fortunato – Chief Financial Officer (historically referenced in public filings)
• Douglas Jones – Independent Director
• Juan Carlos de la Torre – Director

Data regarding certain executive appointments and board composition may vary across reporting periods and public disclosures. Publicly available information should be reviewed alongside the company’s most recent regulatory filings for current leadership status.