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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 redmetalon Mar 29, 2018 11:30am
167 Views
Post# 27802745

Finally tracked John down

Finally tracked John downHad a lengthy conversation with John. Obviously he couldnt give me insider infromation but what I gather is that when they were almost ready to release holes 4,5, and 6 around PDAC, they became swamped with a ton of new information (nothing negative). They decided to hold off and integrate what was transpiring and add holes 7, 8 and 9 as well in a news release next week. 

They are all very encouraged with their neighbours purchase of Michiquillay not far from Antakori.
Also mentioned that there are some big majors snooping around in the area and that he has heard that Southern Copper is contemplating constructing a billion dollar Autoclave, Which makes sense considering how much Copper and Gold reserves they now own in the area (Congo, Michiquillay, Tantahuatay).

Hopefully next week we will get all 6 holes and some interesting news to flow with it.
Bullboard Posts