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Peruvian Metals Corp V.PER

Alternate Symbol(s):  DUVNF

Peruvian Metals Corp. is a Canadian exploration and mineral processing company. The Company is engaged in mineral processing and the exploration and development of mineral properties in Peru. It focuses on acquiring and developing precious and base metal properties in Peru. The Company's projects include Palta Dorada Au-Ag-Cu property, Minas Maria Norte property, Minas Vizca, and Minas Yanayco property. The Palta Dorada Au-Ag-Cu property is located in the Ancash Mining Department in Northern Peru and covers an area of approximately 2250 hectares. The Minas Maria Norte property is located in Southern Peru in the historic Huachocolpa Mining district, which covers an area of approximately 368 hectares and covers numerous previously exploited Au-Ag-Zn-Pb veins. The Minas Vizca covers an area of approximately 100 hectares. It also owns 50% interest in San Maurizo Mines Inc. (San Maurizo), which focuses on developing the Mercedes gold-silver lead-zinc-copper property.


TSXV:PER - Post by User

Bullboard Posts
Post by Shoeon Sep 18, 2012 2:08am
471 Views
Post# 20378425

Ya jus never know

Ya jus never know
Seems the fundamentals irrespective of dilution to get there, favour a much higher valuation than the last run on speculation of Aquila drilling. There is a fair number of warrants to chew through assuming a promotional cycle to entice same to be exercised by years end. The lions share some 20mil at 20 cents would add to the coffers
Assuming Penoles moves in this direction, Aquila is pure gravy at $250--300mil
As of July 2012
Racaycocha (Peru)
Project of copper-gold located in the north-central region of Peru. The work suggests a system type copper-gold porphyry with potential for a mining operation type open pit. The good results obtained so far have motivated accelerating the project, in such a way that in the period drill holes were drilled by 25.396 m, 36% more than in the previous period. It is estimated to have the first pre-feasibility study of this project by the end of 2013.
Of course maybe the Rockford will see us through a rollback in conjunction with a lima Listing? If that was to be the case then why bother with the JV at Ichuna..
As with all things in life hindsight is 20/20..
cheers
shoe
Bullboard Posts