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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
Comment by Mariano2222on Feb 07, 2014 5:27pm
267 Views
Post# 22186105

RE:RE:RE:RE:Copper in 2014

RE:RE:RE:RE:Copper in 2014Bad news for DRV :
Today I had an chat with a geologist of penoles and told me that the they are having serious problems with the community and They have stop any work at racaycocha until further notice.
i asked him about DRV and told me that there is no one of DRV in the area , it seems that have already left the area since they have run out of money for exploration.
That have a huge potential but 0,40% Cu cut off is not good at current price
Also market is down and exploration potential in Peru has stopped since Conga social problems
The only alternative he sees is that Penoles buys the proyect but he sees it very difficult 
Let's see what happens in the few months 

Bullboard Posts