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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 ilafalot2on Jun 29, 2018 11:55am
130 Views
Post# 28251715

Not the Best Day for the Release

Not the Best Day for the ReleasePretty quiet out there as everybody in Canada gets set to get out of Dodge for the weekend.  It may take a while for analysts to crunch the numbers and evaluate this new acquisition.  As the market is thin, when a House finally puts out their recommendation sellers shouldl be overpowered (this release was not made today in the U.S.)  
Do not lose sight of the fact that Regulus is paying for the 2018 drillin(g at Altar and the $30 million investor sure as hell is aware of and happy with the deep gold intercepts that we, the great unwashed, are awaiting.
The delay in listing may work in our favor if gold has a strong Sept-Oct as is often the case.  And then there is Antakori where we should be hearing some more results soon.

Bullboard Posts