Regulus Resources CEO John Black joined Steve Darling from Proactive to provide an updateabout the company's progress on the AntaKori copper-gold project in northern Peru. Black emphasized the project's substantial resource base, with over 500 million tons of copper and gold mineral resources, positioning AntaKori as a key asset for the company. A notable aspect of the development is the collaboration with the Coimolache Mining Corporation to assess the entire district’s mineral potential, which could further expand its resource estimates.
Black also discussed Regulus' strategic partnership with Rio Tinto, specifically through Rio Tinto Nuton, a division testing cutting-edge leaching technology on AntaKori's copper sulfide deposits. This innovative approach could significantly reduce capital costs and create a greener mining process by lowering energy and water consumption. If successful, Black noted, the technology could elevate AntaKori from a promising project to a standout success. Additionally, Black briefly touched on Regulus’ spin-out company, Aldebaran Resources, which is advancing the Altar Project in Argentina. While Regulus is not actively seeking new acquisitions, the company remains open to pursuing high-value opportunities if they emerge.