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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, on the world-class 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); 7 km NW of the Cerro Corona porphyry Cu-Au mine (Gold Fields); and 32 km NW of the Yanacocha HS gold mine (Newmont-Buenaventura), all within the prolifically mineralized Yanacocha-Hualgayoc mining district in the Department of Cajamarca. It has completed 31,666.99 m of drilling on the AntaKori project. 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

Bullboard Posts
Post by auwhore2on Aug 15, 2011 12:57pm
226 Views
Post# 18943129

IFC Financing

IFC FinancingNo one made a comment on the pr last week on the IFC cash input.  Personally, I think that was massive.  Acquiring the shares from the Antares spinout I wasn't quite sure what the intentions of IFC would be down on the RG. I think that purchase was a clear statement that they are very much in the RG game and that is huge for us specators on the side.
As mentioned earlier, I think more cash will be needed before too long and I can't think of a much better partner to be in bed with right at the moment. The numbers weren't large but the statement was gigantic.
Can only dream we will get a signiicant dip in share  price here for another gift. Trying to be patient, but eventually drill results will put upward pressure on the stock.
On the right track.
Bullboard Posts