Latest Peru Mining Projects News

AusQuest has reported significant near-surface copper-gold mineralisation from its latest RC drilling at the Cangallo project in Peru, setting the stage for a substantial diamond drilling campaign targeting deeper, higher-grade zones.

AusQuest’s latest drilling at Cangallo confirms a 1.5km mineralised copper-gold corridor with emerging higher-grade zones, setting the stage for a major diamond drilling campaign targeting deeper sulphides.

AusQuest has kicked off its maiden Reverse Circulation drilling at the Playa Kali IOCG copper-gold project, aiming to test targets akin to the nearby Mina Justa deposit, with follow-up drilling planned at the Lantana porphyry target and ongoing activity at Cangallo.

Australian Critical Minerals has commenced its first diamond drilling program at the Flint gold-silver project in Peru, targeting a large hydrothermal system. The company has also expanded its tenure close to the San Juan silver project, enhancing its exploration footprint.

AusQuest Limited reports strong assay results from its Cangallo project in Peru, revealing a large, continuous copper-gold mineralised system with promising high-grade intervals and plans for extensive follow-up drilling.

Australian Critical Minerals Limited (ACM) has unveiled detailed exploration plans for its Peru projects, highlighting the Flint Project’s compelling high-grade gold and silver targets with drilling scheduled for early 2026.

Fortescue Ltd has announced a binding agreement to acquire the remaining 64% of Alta Copper, gaining full control of the Cañariaco Copper Project in Peru. The deal values Alta Copper at C$139 million and aligns with Fortescue’s expanding copper strategy.

Australian Critical Minerals has launched a cutting-edge geophysical survey at its Flint Project in Peru, aiming to refine drill targets within a prolific gold belt ahead of a planned 2026 drilling campaign.

Solis Minerals has raised $5.9 million to fund the acquisition and exploration of its promising Cucho copper project, alongside ongoing and upcoming drilling programs at Ilo Este and Cinto in Peru.

Solis Minerals has reported encouraging initial drill results from its Ilo Este and Chancho al Palo projects in Peru, revealing extensive copper-gold mineralisation and signs of a high-grade porphyry core.

Solis Minerals has kicked off diamond drilling at its Chancho al Palo copper-gold project in Peru, revealing promising visual mineralisation including visible gold, while advancing permits and funding to support further exploration.

Solis Minerals has identified three compelling copper-gold drill targets at its 100%-owned Cinto Project in southern Peru, setting the stage for a maiden drilling program in late 2025. The targets are supported by recent geophysical surveys combined with earlier geochemical and magnetometry data.