Llaguen is an entirely owned copper-molybdenum porphyry deposit situated near town of Trujillo within the La Libertad area in Peru, at average altitude and near current infrastructure, water and energy provide. Early exploration actions on the Maria Reyna and Caballito properties, situated inside trucking distance of the Constancia mine in Peru, affirm the prevalence of sulphide and oxide wealthy copper mineralization at floor.
“The preliminary mineral useful resource estimate for our Llaguen venture has confirmed the presence of a big copper-molybdenum porphyry deposit at a better degree of geological confidence than we anticipated at this stage because of the steady nature of the mineralization,” mentioned Andre Lauzon, senior VP and COO.
“The mineral assets embody a big higher-grade element situated close to floor, with a low 0.9 strip ratio and the potential to be mined within the preliminary years of manufacturing to maximise the economics for the venture,” Luzon mentioned.