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![]() | ![]() Ataspaca, Southern Peru Porphyry Copper Belt
Bear Creek has earned a 50% interest in the project from Southwestern Resources Corporation through exploration expenditures in 2004. While a 500-metre drilling program returned anomalous copper-gold-molybdenum mineralization, the target depth of the potentially economic porphyry copper system exceeded the Company's target objectives. In 2005, equal partners Bear Creek and Southwestern Resources entered into a preliminary agreement allowing Anglo American Peru to earn 60% of the property through exploration programs that include the drilling of deeper holes. Anglo American plans to begin drilling in 2007. Maps & Sections Ataspaca Drill Results, June 2004 (PDF, 25 Kb)
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