Core Viewpoint - Mineros S.A. has launched a work program to advance the La Pepa Project in Chile, appointing Mr. Rafael Casas Plata as Project Manager, and has filed a compliant technical report for the project [1][2]. Group 1: Project Overview - The La Pepa Project is located in the Maricunga Gold Belt in Chile's Atacama Region, approximately 800 km north of Santiago and 110 km east of Copiapó [4]. - The project is 100% owned by Minera Cavancha SpA, a wholly owned subsidiary of Mineros [4]. - Estimated Mineral Resources at La Pepa include: - Measured Mineral Resources: 58,816 thousand tonnes (kt) averaging 0.61 g/t Au, containing 1,150 thousand ounces (koz) Au - Indicated Mineral Resources: 65,405 kt averaging 0.49 g/t Au, containing 1,039 koz Au - Inferred Mineral Resources: 25,024 kt averaging 0.46 g/t Au, containing 366 koz Au [2]. Group 2: Strategic Rationale - The advancement of La Pepa establishes Chile as Mineros' third operating jurisdiction, enhancing geographic diversification and positioning the company within a premier gold region [4]. - The Maricunga district hosts over 70 million ounces of gold, including assets operated by major mining companies [5]. Group 3: Project Management and Expertise - Mr. Rafael Casas Plata, the newly appointed Project Manager, has over 20 years of experience in leading exploration and development programs in Chile [3]. - The structured program initiated by Mineros aims for disciplined technical progress and early value creation for the La Pepa Project [3]. Group 4: Work Program and Next Steps - The 2026 work program includes: - Environmental baseline studies and characterization - Geophysical surveys to refine geological models and identify new targets - Infill and step-out drill holes to increase confidence in existing Mineral Resources and test potential extensions - Technical data collection to support engineering and economic assessments ahead of a future feasibility study [5].
Mineros Advances La Pepa Project in Chile, Appoints Dedicated Project Manager
Businesswire·2025-12-16 13:01