Latest Peru News

AusQuest Limited has raised A$10 million through a share placement to expand drilling at its promising Cangallo copper-gold project in Peru, aiming to unlock higher-grade mineralisation.

AusQuest has kicked off an extensive Stage 3 drilling campaign at its Cangallo copper-gold project in Peru, aiming to expand mineralisation and pinpoint higher-grade zones. The results could reshape the project’s potential and set the stage for deeper exploration.

Solis Minerals has identified multiple promising copper-molybdenum targets at its Cucho project in Peru through advanced 3D geophysical modelling, setting the stage for a diamond drilling campaign in 2026.

Enegex Limited has completed its acquisition of Famien Resources and appointed Paul Roberts as Managing Director, signaling a strategic shift aimed at accelerating gold exploration efforts.

Condor Energy has identified a promising new hydrocarbon prospect, Raya West, adjacent to its existing Raya Prospect offshore Peru, significantly enhancing its exploration portfolio with advanced seismic analysis confirming multiple stacked oil-bearing intervals.

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.

AusQuest has secured permits to launch a major drilling campaign at its Cangallo copper-gold project in Peru, aiming to pinpoint the porphyry system’s core and potentially double resource size.

AusQuest’s diamond drilling at the Cangallo project in Peru has more than doubled the known depth of copper mineralisation, revealing a large-scale porphyry system with promising near-surface enrichment.

Mammoth Minerals has expanded its Excelsior Gold-Silver Project in Nevada by 340%, staking 83.6 square kilometres rich with historic mineral occurrences. Early exploration and geophysical surveys are underway to unlock the potential of this strategically enlarged land package.

Australian Critical Minerals has appointed geologist Allister Caird as a Non-Executive Director, alongside key leadership shifts including Dean DeLargie's move to Executive Chairman. These changes underscore the company’s strategic push in critical minerals exploration across Australia and Peru.

Condor Energy has signed a non-binding MoU with Promigas Perú to jointly explore natural gas supply and distribution opportunities from the Piedra Redonda gas field, aiming to unlock value in northern Peru’s energy market.

Strike Resources advances its high-grade Apurímac Iron Ore Project amid political upheaval in Peru, while its Lithium Energy stake pushes forward with key acquisitions and exploration despite ASX suspension.