| Description | Pecoy Copper’s vision is to unlock the world-class potential of one of the largest copper-gold porphyry districts through responsible exploration and sustainable value creation for all stakeholders. The fully consolidated Pecoy Project hosts an open-pit inferred mineral resource of over 6.45 billion lbs of copper at a grade 0.34% and open in all directions. Its close proximity to the Pacific Ocean and low elevation make it uniquely situated to supply global demand for Copper. The Pecoy Project covers an area of 9,975 hectares across 19 concessions and is located along the northwest extension of the Southern Peru Porphyry Copper Belt that also hosts the large Cuajone, Toquepala, Quellaveco, Cerro Verde, Zafranal, and Cerro Negro porphyry deposits. Mineralization at the Project is associated with a porphyry copper system featuring well-developed supergene and primary zones, where copper occurs mainly as chalcocite and chalcopyrite. At surface, mineralization is almost totally oxidized. Leached, supergene, copper oxide, enrichment and transitional zones of the porphyry copper deposit are leached to a maximum depth of 200 to 240 m. The secondary enrichment zone has an average approximate thickness of 20 m, with a minimum of 2 meters and a maximum of 70 m. The primary mineralization extends to depths greater than 1,000 m, with significant copper and gold values hosted in breccia bodies and porphyritic intrusions that remain open laterally and at depth.
Additional info from OTC: Pecoy Copper’s vision is to unlock the world-class potential of one of the largest copper-gold porphyry districts through responsible exploration and sustainable value creation for all stakeholders. The fully consolidated Pecoy Project hosts an open-pit inferred mineral resource of over 6.45 billion lbs of copper at a grade 0.34% and open in all directions. Its close proximity to the Pacific Ocean and low elevation make it uniquely situated to supply global demand for Copper. The Pecoy Project covers an area of 9,975 hectares across 19 concessions and is located along the northwest extension of the Southern Peru Porphyry Copper Belt that also hosts the large Cuajone, Toquepala, Quellaveco, Cerro Verde, Zafranal, and Cerro Negro porphyry deposits. Mineralization at the Project is associated with a porphyry copper system featuring well-developed supergene and primary zones, where copper occurs mainly as chalcocite and chalcopyrite. At surface, mineralization is almost totally oxidized. Leached, supergene, copper oxide, enrichment and transitional zones of the porphyry copper deposit are leached to a maximum depth of 200 to 240 m. The secondary enrichment zone has an average approximate thickness of 20 m, with a minimum of 2 meters and a maximum of 70 m. The primary mineralization extends to depths greater than 1,000 m, with significant copper and gold values hosted in breccia bodies and porphyritic intrusions that remain open laterally and at depth. |