Yeah. Thanks, Cosmo. We talk about our experience and probably try to say only 45 years, maybe. We are starting to age ourselves and there was a time we weren't even 45 years old. I guess we gained a lot of things, and at the same time, it's a good time to be in the industry. There's a lot of new developments and a lot of exciting things to talk about. I can talk to you about a lot of different things about what we're doing in Porcupine or what we're doing in the company between here and Mexico. Maybe I'm just going to hit some highlights because I could talk about a lot of positives, whether it's exploration success, whether it's development success, mining, and what's going on in acquisitions and people, and when you talk about that.
Maybe there's two real material things that are happening. I say what we're seeing now, maybe within the next five years, that Discovery Mining is going to have probably two of Canada's largest open pits. I'll give you a little bit of things to show you what's there, but we're going to be doing these in a brownfield location where you have existing infrastructure, existing people, existing methods. You got knowledge of how to work. Exceptional geology. We have permitting. We have things in place that we have to work with. I think it is actually pretty material in terms of what we're looking to do to really create growth. When we talk about how do we grow value in our business, fundamentally, we have to grow the value of the business, right? You do that through exploration.
You do that with how we invest our capital and build new mines. Do that by how we operate and how we get our standards down. Then we do that by how we maybe sometimes you acquire or you get good partnerships, and we've been working a lot of these things. The other part is we're not just working towards growing the business. I'm not going to sit there and say I'm going to grow production in Porcupine and keep the costs where they are. We actually see double whammy, where we're going to grow production substantially, and we're going to reduce costs substantially as well. There's a lot of forward-looking statement slides here. Maybe I can just show you those. I am going to do a lot of forward-looking discussions here.
Hopefully, that doesn't take away from what I'm going to talk about and what you hear. Anyway, this slide, it's a slide we used a lot in the past, and it talks about our growth to over 500,000 oz over the next five years. This is when we first did the acquisition in Porcupine. This is pretty much what we do. It also talks about the potential at Cordero. Cordero by itself, 14 million oz of silver. If you went by the feasibility study at CAD 22 silver, CAD 1.20 zinc, because it produced a lot of base metal, it was over 37 million oz of silver equivalent over the first 12 years. Now, the prices have changed, right?
That silver equivalency might be somewhere around 28 million oz equivalent a year, but the revenues have actually almost tripled that we get from Cordero as it built. I will talk about that later on in the presentation. In terms of this slide and what has changed now is we see a sightline to grow production to a much higher level now, 750,000 oz- over 1 million oz over the next five years, and to sustain that for 20, 30, or 50 years in the Porcupine camp. The developments of this are exploration success in Timmins. We have had exploration success everywhere, and particularly now at Pamour. We see Pamour as being a significant deposit. We still have what was called the Dome Century Pit. I will talk to you about that.
With the acquisition of Glencore's Kidd operations, it unlocks that opportunity to grow. So we needed to prove with diamond drilling, in 1 year diamond drilling, to come and really outline the potential resources here. We have done that. Now, we need milling processing capacity, and I will show you where we are going to go with processing capacity. This next slide here just gives you a sense on the key drivers of our growth. I mentioned here about Pamour and what we are doing to redesign Pamour Mine. We mentioned about Dome Open Pit coming on, and then we still have growth at our other operations. Effectively, what really unlocks this is taking the Kidd. We are going to put a brand-new conventional gold circuit at Kidd.
We are going to use part of the other gold circuits at Kidd for processing some of the gold ores effectively at Borden in the short term. This plant also unlocks our ability to process. There is a large deposit we are working towards outlining and completing the preliminary outline of that this year, this TVZ, which could be processed through the Kidd met site. It could not go through Dome Mill because they are not ores amenable for the conventional gold milling. Actually, Borden was not amenable for conventional gold milling. That is why we are putting it at the Kidd met site, and it really unlocks value and maybe I will just show you a couple of things here that is going on. So this is Timmins. This is what we have. There is the Pamour operation here. This is Dome, and our mill is here.
This is our tailings area we currently have for what we are up, and this is where Hollinger, the Hollinger- McIntyre pit is. This is where the Kidd Creek met site is, and this is the Kidd tailings area, right? Just to get a sense of where things are, and then if I go and just try to show you, say a little bit about Pamour. Okay? So this is Pamour.
Right now, we are working with developing this open pit here at Pamour. It is roughly about total resources here, about 3.4 million oz. We are planning to mine it, but get it up to 9,000 tons a day, and eventually get it up to about 12,000 tons a day. So it is 6-m benches maybe going to 9-meter benches. But we have been drilling, and I am probably not going to do justice, so I have to actually do this on this slide.
This is the pit currently that sits at Pamour, and this is what we see. Excuse me. If you get a sense, we probably more than almost quadrupled the resource at Pamour, just down to 300 m, 400 m. This thing is drilled. We have drillings showing down 700 m, 800 m, and we have extensive well over 4 km. We are drilling to the north, and so we see this as a very large-scale deposit. We will be working on that in terms of what could come from Pamour. I will let you guys do the math and what you think it might look like. We have also had some, as we are drilling, so the Pamour deposit fit within. It is a nonconformity between the Timiskaming sediments coming up to another volcanic sequence here, and lots of the Pamour previous mining and exploration was done along that nonconformity.
You do have a lot of the, you had the Broulan property, you had the Hallnor property, you have Hoyle Pond, they are sitting in volcanics, and there was not much work done in the volcanic. On top of what I am telling you about what is going on along this contact between the nonconformity, we are starting to see a lot of work coming up in the walls too, into the volcanics. I can show you another slide later, other times that show you what a long-term view is of this whole region, but significant exploration success. Like I say, from a pit that is here to a pit that encompasses something like that. So it will start to challenge something like Detour.
Part of the concept is instead of trucking this stuff 25-km round trip to the Dome Mill, which is limited, we are going to be able to truck it here to the Kidd Met site, which we build a new mill, and we have tailings capacity. We work on this tailings dam, and we go from 50 million tons of capacity to over half a billion tons of capacity here. So lots of upside. This is Dome. There was discussion on the, a lot of the time people might have heard about the Century Pit. Well, this is somewhat comes to the Century Pit. We came at a resource of over 11 million oz. We have been drilling. We are getting some positives on that. We definitely can unlock this as we develop the milling capacity in Porcupine.
We see definitely a significant large-scale open-pit operation that could be running here. So getting back to just this slide that, again, just shows the Kidd operations, and this really helps us to unlock the value in Porcupine. It is going to add significant process capacity, as I mentioned to you. We can move our Borden ores here and process them here, which it is more amenable to the type of ore. It should not be put in a conventional gold circuit with cyanidation. So we want to run flotation first to make a flotation concentrate from this material. Second thing it also does, it unlocks the ability to process now the TVZ ores, which is a potential refractory ore. So that opens up. We have a circuit here that we can actually use.
We have over 100 MW of power, we have water, we have a significant tailings area, we have a brownfield site where we can actually build a new conventional gold circuit here that will support the Pamour operations and Hoyle Pond operations for that much. We are looking at bringing that up to about 40,000 tons a day. With that rate, that is going to be at this thing, could be somewhere very close to 500,000 oz a year, right, in terms of production, just alone. Maybe this a little bit, maybe I went in to explain things. This is just trying to show what we see at the site, and you can see there is currently four circuits and trying to outline what we intend to do, where we are going to build a conventional circuit right here, and we are still going to have a base metal circuit.
We still have other circuits. We have multiple circuits. It is a well-built plant, been kept and always been kept in good operating order over the years. Well, sorry, if I go back to the 1960s, whoever built it was state-of-the-art, it was well put together, and management operating systems, the way people manage the operations at Kidd, then it is really a testament, and it is really management systems that we want to learn. We have acquired over 550 people here that know how to work and know how to operate very well, and we are going to be able to take advantage of them. This slide here is just showing you what we see from our growth in our processing capacity.
You can see we are going to go from where we are sitting somewhere around 3.5 million tons a year capacity, which was now By the end of 2027, we expect to be at 5 million. By mid-2027, growing, then second half of 2029, 2030, 2031. We are going to grow milling capacity, we are staging it. We will be building and investing and building the process out here. So if you think about it, we are producing somewhere between 260,000 - 300,000 oz gold this year with 3.5 million tons of milling capacity. What are we going to produce when we have increased that capacity sixfold? The grades are not going to be all the same because we are bringing some large scale operations, a lot of things on process. A lot of upside and then we just show what our different mines will do.
For the most part, this is all in place. These are all operating areas where people are working, and we have been drilling. So what are some near-term catalysts? I know we continue to have exploration results and building on exploration. We do have Cordero, and I will talk to you a little bit about Cordero and what that has. Right now, we are completing a number of studies to really tell you what we see the first resource of Pamour and what the updated resources that we expect to come here. What we are going to do with the Dome Mill and the Kidd Mine Site Mill, what we expect from a capital investment here, and what we expect the staging of the various operations as they are going to build up over the next five years. We still got Cordero, one of the world's largest undeveloped silver deposits.
It's in the right spot. The capital is manageable. The previous feasibility capital was about just over CAD 600 million. I mentioned to you it was all done at CAD 22 silver, had very good economics on this project, which happened since. Metal prices, especially silver prices, have almost tripled or more than tripled. The forecast is they're going to continue to go higher. Zinc prices are higher. We're on the verge of getting our permit. We've got our change of land use. We've actually paid for the change of land use. We're going through minor things. We're working at updating the feasibility study. I can tell you, we update the feasibility study, the capital costs aren't going up that much. We've had a lot of great improvements to what we've been looking at.
Even if the capital costs go up 5% or 10%, the revenues have almost tripled on this asset in its current form. This is definitely an exciting project and going to bring a lot of new value. A lot of value here. You can see brand-new discoveries, exploration Pamour, and then with Pamour and Dome and with the Kidd Metallurgical Facility, unlock ourselves to build new processing capacity that's going to significantly grow our operations. We're building this in a brownfield area. We're building it in an area where there's already operating mines, already operating people. You look at that and you say, Jesus, this stuff is achievable. We're not doing anything that's state-of-the-art. We're doing everything that's state-of-the-art. We're not doing anything that's leading edge here.
We can take advantage of a lot of new developments, like the previous thing in terms of AI and build smart mills and stuff like that in these times. With a lot of opportunity to do things right. We got Cordero and a large project, and I haven't even talked to you about all the other exploration, that potential in Timmins, and potential third large-scale open pit. Maybe I'll leave that for another time. Maybe if there's any questions.
Thanks, Tony, for a very thorough presentation. There's one question here. I think we have time for one question. It's coming, John. Don't worry. I see you.
Tony, I know you have some constraints under Canadian rules and waiting for National Instrument 43-101s. But at 40,000 tons a day and 1.1 grams, could Pamour be 465,000 oz? And at 30,000 tons a day and 1.2 grams, could Dome be 365,000 oz? Are those reasonable guesses?
I think those are not necessarily reasonable guesses. Those are probably pretty good assumptions in terms of what we're working towards. You haven't included in there some of the other off sites.
Borden and Hoyle and Owl Creek and TVZ might get you closer to one and a quarter. We're not counting the Hollinger- McIntyre open pit or five more undergrounds, Hollinger- McIntyre, Pamour, Dome, and Paymaster.
Yeah, we haven't even talked about Paymaster.
You haven't begun to drill the Kidd Creek ground that's bigger than the Newmont ground.
Yeah, we don't even talk about Kidd Creek. We talk about being an elephant country. You're in one of the largest gold camps in the world. But the Kidd deposit was one of the largest underground base metal volcanogenic massive sulfide deposits in the world, over 170 million tons mined. Still open at depth. The last serious exploration done there is really probably about 20, 35 years ago. So yeah, you can see what we've done with one year of exploration in Porcupine. Imagine if we spent a year exploring for base metals also. Anyway, I'll leave you with that. Thanks.
Great. Thanks, Tony. That's all the time we have. I'm sure Tony will be able to take some other questions on the sidelines. Thank you.