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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 Apr 13, 2018 1:42pm
106 Views
Post# 27880730

Holes 6,7,8 and 9 Decent

Holes 6,7,8 and 9 Decent9 and 7 are interesting. 9 has clearly headed into the Skarn that the team has been searching for.
On hole 7, the CMC drilled another 700 meters to over 1400 meters in depth. They wouldnt have drilled that deep unless they were happy with the cores. Hole 9 terminated in over 1% Copper at only 433 meters. The next holes should be interesting as they head North.

The grades of holes 6.7.8 and 9 are 2 to 3 times that of what is currently being mined out of the open pits at Taseko, Copper Mountain, Teck (Highland Valley), and Centerra (Mt. Milligan) and Hudbays Peru Mine.

Nice to see that they have the permits in hand to go North towards the EM anomoly.


Bullboard Posts