For thousands of other reports visit RSC's Mineral Intellingence Map
Regulus Resources Inc.
Summary
| Project: | Antakori | |
|---|---|---|
| Deposit: | Antakori | |
| Location: | Peru | |
| Commodities: | Gold-Silver-Copper | |
| Date: | 7/25/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 25-7-2019: Regulus Resources Inc. announces an Exploration/Drilling Update report for its Antakori deposit at the Antakori project. Drilling results incl. 610.20m @ 0.84% Cu, 1.02g/t Au, 10.28g/t Ag from 3.70m. July 25, 2019, (Vancouver, BC) – Regulus Res | |
| Resources: | ||
| CP/QP: | [Overall Report]: Kevin B. Heather (Internal) | |
| ABSTRACT: | July 25, 2019, (Vancouver, BC) – Regulus Resources Inc. ("Regulus" or the "Company", REG TSX.V) is pleased to announce the results from two additional drill holes from its Phase 2 drill program, the aim of which is to expand and infill resources at the Company’s AntaKori copper-gold-silver project in northern Peru. The drilling campaign is underway in collaboration with Compañía Minera Coimolache S.A., the operator of the Tantahuatay gold mine immediately to the south of the AntaKori project. John Black, Chief Executive Officer of Regulus, commented as follows: “The AntaKori project continues to consistently deliver encouraging drill results and we are particularly pleased with the intersection of significant high grade material in hole AK-19-031, which represents our longest intercept to date of >1.5% CuEq mineralization. While this hole was an infill hole, the high-grade material intersected should upgrade our resource estimate at the end of our Phase 2 program. The Phase 2 program is well underway and we anticipate increasing the number of drill rigs from two to four in the coming weeks. As well, we have begun to extend drilling towards the North from currently permitted drill sites and anticipate having those results prior to the end of Q3. Additional permits to directly test geophysical targets further to the north are in progress and we anticipate they will be approved in Q4. Overall, we continue to grow the AntaKori system which we believe has the potential to be a tier 1 copper-gold project.” | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report