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Regulus Resources Inc. (RGLSF) is an international mineral exploration company with a focus on the AntaKori copper-gold-silver project in Peru. The company recently announced positive extraction rates on mineralization from the AntaKori property using Nuton™ technologies. The phase one sulphide leach program with Nuton LLC, a Rio Tinto venture, showed promising results, indicating that mineralization from AntaKori is amenable to sulphide leaching. The company is now embarking on a phase two program to further explore and refine the understanding regarding metallurgical recoveries for various mineralization styles at AntaKori.
Regulus Resources (TSXV:REG, OTCQX:RGLSF) has entered a collaboration agreement with Compañía Minera Coimolache S.A. to evaluate the integrated Coimolache Sulphides/AntaKori copper-gold project. The evaluation includes a mineral resource estimate (MRE) and potentially a preliminary economic assessment (PEA), with costs split 50/50 between the parties.
The AntaKori project in Cajamarca, Peru, currently has indicated mineral resources of 250 million tonnes (0.48% Cu, 0.29 g/t Au, 7.5 g/t Ag) and inferred resources of 267 million tonnes (0.41% Cu, 0.26 g/t Au, 7.8 g/t Ag). Coimolache's Sulphides project has significant additional resources, including 734,796 kt of open pit resources and 45,242 kt of underground resources.