Clear Commodity Network Clear Commodity Network
  • Home
  • Metals
  • Energy
  • Agriculture
  • Podcasts
  • Playlists
  • Prices
Clear Commodity Network Clear Commodity Network Clear Commodity Network Clear Commodity Network
  • Home
  • Metals
  • Energy
  • Agriculture
  • Podcasts
  • Playlists
  • Prices
Cover for Regulus Resources – Introducing The AntaKori Copper-Gold Project, And The Potential For Future Consolidation In This Area Of Peru

Regulus Resources – Introducing The AntaKori Copper-Gold Project, And The Potential For Future Consolidation In This Area Of Peru

October 03, 2024
  • Company
KEReport
By KEReport
KEReport

John Black, CEO & Director of Regulus Resources (TSXV:REG) (OTCQX:RGLSF), joins us for an introduction to their AntaKori Copper-Gold Project in northern Peru, in a very prolific mineralized belt. The AntaKori project currently hosts a resource with indicated mineral resources of 250 million tonnes with a grade of 0.48 % Cu, 0.29 g/t Au and 7.5 g/t Ag and inferred mineral resources of 267 million tonnes with a grade of 0.41 % Cu, 0.26 g/t Au, and 7.8 g/t Ag. The AntaKori project is immediately adjacent to the Tantahuatay Mine and mineral concessions owned by Compañía Minera Coimolache S.A. (which is a JV between Buenaventura, Southern Copper and ESPRO).

On July 27th, Regulus Resources announced that it had entered into a collaboration agreement with Coimolache to evaluate the viability of an integrated Coimolache Sulphides/AntaKori copper-gold project. The evaluation will consist of a mineral resource estimate ("MRE") with the option, upon mutual agreement of the Parties following the completion of a MRE, to complete a preliminary economic assessment ("PEA"). Costs of the evaluation program will be split with Regulus paying 50% and Coimolache paying 50%. The results of the MRE and PEA can only be publicly released upon mutual agreement of the Parties. Additionally, the MRE and PEA results can be shared with third parties upon mutual agreement of the Parties.

We also discussed that there are transactions in place with Gold Fields, where Regulus Resources can earn-in on up to 60% on parcels of land that fill in the gaps on their overall project land package.   Then in addition to that, Rio Tinto has a 16% stake in Regulus to test out the application of their Nuton technology, focused on commercializing its proprietary suite of copper leach technologies, with potential to unlock copper from hard-to-leach ore and low-grade material, with industry-leading recoveries.     This makes the competing major company interest in this area for the copper and gold compelling for a future consolidation of this district, and the Company is continuing to develop strong community relationships and ongoing engagement to clear the pathway for future development.

If you have any questions for John regarding Regulus Resources, then please email me at Shad@kereport.com.

Click here to follow the latest news from Regulus Resources

KEReport
KEReport
The KE Report provides exclusive interviews with private money managers and sub $10 billion market cap companies. Interviews are published daily to help investors navigate the markets.
View all podcast by KEReport

Subscribe for Clear Insights

Freshly dropped news & interviews delivered to your inbox daily.
Please review our Disclaimer and Privacy Policy.

More Clear Commentary:

Cover for Revival Gold Welcomes a New Strategic Investor with an Important PEA on the Horizon

Revival Gold Welcomes a New Strategic Investor with an Important PEA on the Horizon

Cover for Talisker Resources – Comprehensive Exploration And Development Update As The Mustang Mine Is Moving Towards Near-term Production At The Bralorne Gold Project

Talisker Resources – Comprehensive Exploration And Development Update As The Mustang Mine Is Moving Towards Near-term Production At The Bralorne Gold Project

Cover for Vizsla Copper's Setup for New Discoveries in 2025

Vizsla Copper's Setup for New Discoveries in 2025

Cover for GOLD: 7 Projects in Australia | S2 Resources Interview

GOLD: 7 Projects in Australia | S2 Resources Interview

Cover for Kuya Silver - Bethania Silver Project: Production Ramp-Up & Exploration Updates

Kuya Silver - Bethania Silver Project: Production Ramp-Up & Exploration Updates

Cover for Graphene Manufacturing Group - Expansion Plans, Sales Growth, & Market Potential

Graphene Manufacturing Group - Expansion Plans, Sales Growth, & Market Potential

Copyright © 2025 Clear Commodity Network. All Rights Reserved.

  • Tweet
  • Share
  • Share
  • Share
  • Share
  • Share
  • Tweet
  • Share
  • Share
  • Share
  • Share
  • Share