Western Metallica Resources Vice President of Exploration Giovanni Funaioli joined Proactive's Steve Darling to share some details about its recent acquisition of the Caña Brava and Turmalina Projects in Northern Peru.
Funaioli told Proactive that the acquisition marks Western Metallica Resources' entry into a promising new jurisdiction known for its abundant mineral potential. Peru has established itself as a mining-friendly region and ranks as the world's second-largest copper producer, making it an appealing destination for mining investments.
The Caña Brava and Turmalina Projects are situated within a copper-porphyry belt that has experienced considerable exploration and production success. However, there remains significant untapped potential in the central and northern portions of this belt, presenting a compelling opportunity for future discoveries.
With Western Metallica's expertise in exploration and development, the company is well-positioned to unlock the hidden value of these projects. This expansion into Peru reinforces Western Metallica Resources' commitment to exploring and developing high-quality mining assets while contributing to the growth of the global mining industry.