The first day of the 12th International Congress of Prospectors and Explorers -proEXPLO 2021- provided an opportunity to learn about the real situation of major exploration projects in both Peru and Chile, as well as to learn about some of their plans for this year.

Thus, in the Junior Mining Companies session, the President and CEO of Rio2 Limited, Alex Black, informed that the Fénix Gold project (located in Chile) is 100% gold oxide and contains 5 million ounces of gold as resources and 1.8 million ounces of gold in reserve.

On the other hand, the CEO of Kuya Silver, David Stein, explained that in Bethania (Huancavelica) exploration and development will be carried out at the same time. He also indicated that National Instrument 43-101 would be ready by the middle of this year, and that they are completing the detailed engineering.

For his part, Graham Carman, CEO of Tinka Resources, shared that the Ayawilca project (located in Pasco) is one of the largest undeveloped zinc deposits in the world and in Peru; and that "the company maintains good relations with the communities and works to build long-term relationships".

Lars Dahlenborg, President of Hannan Metals, listed the work being carried out at their San Martin and Previsto projects. "This will be a year of discovery and we have around US$ 2 million budget for this year", he said.

Another company that provided relevant data was Panoro Minerals. Its Vice President of Exploration, Luis Vela, stated that the company has 9 projects located in the southern Peruvian cluster and that they are open to receive new strategic partners.

He added that Panoro Minerals has 13 agreements with communities, environmental permits (including FTA, DIA, CIRAS and 2 EIAs) that would represent investments of US$ 58 million.

The block closed with a presentation by Pucara Gold CEO and director, Steve Zuker, who stressed that the company is totally focused on Peru.

"Peru is still the best place in Latin America to explore. Currently, we have 9 projects in the pipeline that have been established in Peru," said Steve Zuker.