Within the last year, Gleichen Resources acquired the Morelos Norte project, which adjoins Erika on two sides, from Teck and Goldcorp for approximately $209 million Canadian and 4.9% of Gleichen's issued and outstanding shares. Gleichen's Morelos Norte project hosts a 3.9 million ounce gold resource. Goldcorp's Los Filos gold mine, which is Mexico's largest gold producer, lies 30 km south of Erika and produced 239,000 ounces during 2009.