• TSX.V REG: $1.35 CAD
  • AU: $1,350.89 USD
  • CU: $2.61/lb USD

Location

The AntaKori project is located approximately 600 km north of Lima and 50 km northwest of the city of Cajamarca within the of world-class Miocene Au-Cu-Ag belt of northern Peru (Figure 7). The AntaKori claim group is located immediately adjacent to the Tantahuatay high-sulphidation epithermal (HS) Au mine (Compañía 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. This district was one of the earliest mining areas developed by the Spanish in Peru. Production estimates from 1771 to 1951 totalled 167 million ounces of silver with significant gold and base metals from relatively small vein and manto-type deposits (Velasquez, 1980). More recently, bulk tonnage low-grade gold and copper deposits have become the leading gold producers in Peru. Other major deposits in the region include Sipan, Pierina, Alto Chicama, Antamina and advanced projects like La Granja, Conga, Galeno and Michiquillay.


Figure 7: AntaKori Project Location Map

Closest Mining Projects/Mines:

Tantahuatay Mine

  • Buenaventura and Southern Copper (Coimolache JV)
  • Oxide Au heap leach

Cerro Corona Mine

  • Goldfields
  • Cu-Au porphyry
  • 6km to SE

Yanacocha Mine

  • Newmont and Buenaventura JV
  • Oxide Au heap leach
  • Largest Au mine in South America
  • 45km to SE

Infrastructure


Figure 8: AntaKori Region and Infrastructure
  • Located 60km northwest of city of Cajamarca with daily commercial flights from Lima
  • Accessible year round by paved and gravel roads from Cajamarca airport in 1.5 hours
  • Proposed port facility of Eten for concentrate exports located 230km to the west
  • Abundant ground water sources
  • Transmission line crossing property

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