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Regulus Resources Inc V.REG

Alternate Symbol(s):  RGLSF

Regulus Resources Inc. is a Canada-based international mineral exploration company. The principal project held by the Company is the AntaKori copper-gold-silver project in northern Peru. The AntaKori project is located approximately 600 kilometers (km) north of Lima and 50 km northwest of the city of Cajamarca, in the Miocene Au-Cu-Ag belt of northern Peru. The AntaKori claim group is located immediately adjacent to the Tantahuatay high-sulphidation epithermal (HS) Au mine (Compania Minera Coimolache, Buenaventura-Southern Peru); seven km NW of the Cerro Corona porphyry Cu-Au mine (Gold Fields); and 32 km Northwest of the Yanacocha HS gold mine (Newmont-Buenaventura), all within the prolifically mineralized Yanacocha-Hualgayoc mining district in the Department of Cajamarca. The AntaKori project hosts a resource with indicated mineral resources of 250 million tons and inferred mineral resources of 267 million tons.


TSXV:REG - Post by User

Comment by Sumdim3on Sep 20, 2022 10:13am
111 Views
Post# 34973524

RE:Reverse split

RE:Reverse splitYeah, hindsight is a beautiful thing. I as well have bypassed many opportunities because of the commitment to Reg, but who could have guessed the roadblocks that have come their way. What I do know is that they have 8 billion lbs of copper eq that is about to grow significantly, is sitting between two operating mines that are running out of ore, have mineable ore at surface, good grade, and now a blue sky hole being drilled in Ak54. I'd say the market is totally out to lunch on this but we have triggers coming that will alter all that. Hole 54 will be one, a strategic type investment by a major could be another, a significant increase in the resource and a land consolidation with the neighbors. And a new bull run on the price of copper starting next year and we will be golden. Or at least orangey brown. Better going forward starts now.
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