Panoro Minerals outlines Cotabambas copper-gold project high-grade strategy in investor presentation
Reuters2026/09/06 21:18- Panoro outlined a high-grade-led development strategy for its Cotabambas copper-gold project in Peru, targeting a 20-30 ktpd mine.
- Resource base effective 2024: 507,300,000 tonnes indicated at 0.61% CuEq; 496,000,000 tonnes inferred at 0.51% CuEq.
- High-grade component highlighted at 222,000,000 tonnes grading 1.2% CuEq, with strip ratio below 1.0.
- Planned 45,000 m drilling program to expand high-grade zones, upgrade categories, test new targets, backed by $30 million cash.
- Project concept targets initial capital cost of US$500-700 million, with a stated goal to keep capex below US$1 billion.
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